In 2023, the number of persons employed in Canada's chemical, rubber, plastics, fuel products, and other non-metallic mineral products industry stood at 263.19 thousand. The forecast data for 2024 to 2028 indicates a steady growth trajectory, reaching 265.57 thousand by 2028. Year-on-year percentage increases from 2024 to 2028 show a consistent upward trend, albeit at a modest rate, reflecting market stability and gradual sector expansion. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a consistent positive trend, indicating a robust industry outlook.
Future trends to watch include technological advancements, shifts towards sustainable practices, and changes in consumer demand, which could further influence employment dynamics. Monitoring global economic conditions and trade policies will also be crucial as they impact the sector’s performance and workforce growth.
