In 2023, the import value of footwear with leather soles and textile uppers to Canada stood at $26.1 million. From 2024 to 2028, imports are forecasted to grow steadily from $26.593 million to $29.185 million. Year-on-year growth shows a consistent increase: 2.5% in 2025, 2.4% in 2026, 2.3% in 2027, and 2.2% in 2028. The compound annual growth rate (CAGR) over these five years is projected to be approximately 2.36%.

Future trends to watch for include:

Shifts in consumer preferences towards eco-friendly and sustainable materials, potentially altering demand.
Potential impacts from trade policies and agreements affecting import tariffs or restrictions.
Technological advancements in textile and leather processing that may influence product cost and demand dynamics.