By 2028, the import of unglazed ceramic flags, paving, hearth, or wall tiles to Canada is forecasted to reach $468.16 million, from $398.06 million in 2024. This marks a consistent year-on-year growth, averaging around 3.4% annually. The sector has demonstrated resilience due to stable demand and investment in construction and renovation projects. The Comparative Annual Growth Rate (CAGR) from 2024 to 2028 stands at approximately 3.4%, indicating sustained growth.
Trends to watch for:
- Fluctuations in global supply chains impacting import costs.
- Shifts in consumer preferences towards sustainable and design-centric materials.
- Impact of housing market dynamics on construction demand.