In 2023, the import value of fire extinguishers to Canada stood at 51.051 million USD. Forecast indicates a stable upward trend with a projected increase to 53.466 million USD by 2028. From 2024 to 2025, there is a 0.97% increase, followed by an annual rise of approximately 0.93% to 2026, and continuing with annual increments ranging from 0.91% to 0.89% till 2028. The 5-year CAGR is estimated at 0.92%.
Future trends to watch for include:
- Technological advancements in fire safety equipment.
- Regulatory changes potentially impacting import demand.
- Shifts in construction activity influencing market dynamics.
