Based on the forecasted data for fabricated metal product manufacturing revenue in Canada, the year-on-year variations are:
- 2024: 44.528 Billion CAD
- 2025: 45.045 Billion CAD (↑ 1.16%)
- 2026: 45.557 Billion CAD (↑ 1.14%)
- 2027: 46.064 Billion CAD (↑ 1.11%)
- 2028: 46.566 Billion CAD (↑ 1.09%)
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.125%.
Future Trends to Watch
Future trends to watch in the fabricated metal product manufacturing sector in Canada include technological advancements, shifts in demand due to economic changes, and the impact of global trade policies. Investing in automation and sustainable practices could also play crucial roles in revenue growth.