The closing inventories for Lime and Gypsum Product Manufacturing in Canada for 2023 were valued at CAD 255 million. Between 2024 and 2028, forecasts indicate an upward trend, with values rising from CAD 272.86 million in 2024 to CAD 348.33 million in 2028. The year-on-year increase illustrates a consistent growth pattern, with the highest forecasted growth being from 2027 to 2028 at around 5.63%. The Compound Annual Growth Rate (CAGR) over this period is approximately 6.44%, signifying steady expansion in closing inventories.

Future trends to watch include:

Increased demand for sustainable construction materials driving inventory growth.
Impact of regulatory changes on production and inventory levels.
Potential market disruptions due to supply chain constraints or technological advancements.