The forecast for tobacco consumption in Canada indicates a decline from 7.2% in 2024 to 5.3% in 2028 among persons aged 15+ who are daily smokers. This represents a year-on-year decrease with a consistent downward trend over the forecasted period. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 illustrates an average annual reduction, highlighting ongoing efforts in public health initiatives and regulatory measures taken by the Canadian government.
Future trends to watch for include:
- The impact of stricter tobacco regulations, such as increased taxes and advertising bans.
- Shifts in consumer preferences towards smokeless alternatives like vaping.
- Influence of public health campaigns and educational programs on smoking cessation.