The import value of quilted textile products in pieces (not embroidered) to Canada is forecasted to increase gradually from 2024 to 2028, starting at $3.7569 million and reaching $3.999 million. When compared to the value for 2023, this suggests a consistent increase in demand. The data indicates a year-on-year percentage increase of approximately 1.66% from 2024 to 2025, slightly decreasing to around 1.6% by 2028. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.58%, suggesting steady growth in imports.
Future trends to watch for include:
- Potential shifts in consumer preferences related to home textiles influencing demand.
- Changes in trade policies or tariffs impacting import costs and volumes.
- Technological advancements in textile manufacturing affecting global supply chains.
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