In 2023, Canada imported 1.28 thousand kilograms of blankets and travelling rugs of synthetic fibres. The forecasted figures show a steady year-on-year growth in re-import volume: 4.6% in 2024, 4.5% in 2025, and consistently around 4-4.2% each subsequent year. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be 3.7%.
Future trends to watch for include:
- Consumer preference shifts towards sustainable and eco-friendly materials.
- Economic factors influencing import/export balance, including potential tariff changes.
- Technological advancements in synthetic fibre production enhancing product quality.
