In 2023, the re-import value of inflatable rafts to Canada stood at an undisclosed baseline. From 2024 to 2028, it's forecasted to grow with a consistent annual increase, moving from 12.94 s in 2024 to 13.17 s in 2028. This represents a steady year-on-year increase of approximately 0.4% to 0.5%. The compound annual growth rate (CAGR) over the five-year period is anticipated at around 0.8% per year.
Future trends to watch for include:
- Potential shifts in global trade policies impacting re-import costs.
- Technological innovations in raft durability and design influencing consumer preferences.
- Changes in outdoor recreational activities affecting demand for inflatable rafts.
