In 2023, the value added of wholesale (except of motor vehicles and motorcycles) in Canada was approximately 107.45 billion CAD. The forecasted data for 2024 to 2028 shows a consistent annual increase, indicating a stable growth outlook for the wholesale sector. Specifically, year-over-year variations show a steady growth path from 2024 to 2028, with a CAGR of around 2% over this period.
Future trends to watch for include:
- Impact of digitalization and e-commerce on wholesale operations
- Fluctuations in global trade policies affecting supply chains
- Adoption of sustainable practices within the wholesale industry
