The import of paper handkerchiefs, cleansing, facial tissues, and towels to Canada has shown an overall upward trend over the past decade, increasing from $310.17 Million in 2013 to $393.93 Million in 2023. Significant year-on-year variations occurred, such as a 9.54% increase in 2021, while some years saw declines, such as -2.11% in 2020. Despite these fluctuations, the past five years concluded with an average annual growth rate (CAGR) of approximately 1.87%, while projections from 2024 to 2028 suggest a forecasted CAGR of 1.44%.
Future trends to watch for include:
- Shifting consumer preferences towards sustainable and eco-friendly products, potentially affecting import volumes and values.
- Technological advancements in manufacturing that may alter the market dynamics through increased efficiency and reduced costs.
- Impact of global supply chain disruptions and trade policies on the import of these goods.