In 2023, the import of beauty, make-up, and skin care preparations to Canada was approximately $1.91 billion. By analyzing the forecast data from 2024 to 2028, we observe a steady year-on-year growth in import value. Specifically, the percentage increase from 2024 to 2025 is about 3%, from 2025 to 2026 around 2.8%, from 2026 to 2027 approximately 2.7%, and from 2027 to 2028 nearly 2.6%. Over the five-year forecast period, the compound annual growth rate (CAGR) stands at roughly 2.7%.

Future trends to watch for include:

Increasing demand for natural and organic beauty products, influencing import dynamics.
Technological advancements in e-commerce platforms facilitating cross-border transactions.
Potential regulatory changes impacting the import of cosmetics into Canada.
Market adaptation to shifting consumer preferences and sustainable packaging practices.