In 2023, re-imports of furniture designed to receive refrigerating or freezing equipment to Canada were significantly lower than the forecasted figures, reflecting an upward trend. For 2024, a value of 10.09 thousand US dollars is projected, with modest year-on-year increases through 2028, where the forecast reaches 10.51 thousand US dollars. This marks a consistent upward trajectory, with an average annual growth rate (CAGR) indicating stability and gradual increase in demand over a five-year span.
Future trends to watch include:
- Technological advancements in refrigeration technology influencing furniture compatibility.
- Trade agreements affecting the ease and cost of re-importing such specialized furniture.
- Market demand shifts due to environmental considerations and energy-efficient designs.