The forecasted import of table, floor, wall, window, ceiling, or roof fans with an electric motor output not exceeding 125 watts to Canada shows a steady growth from 2024 with a value of 148.85 million USD to 163.35 million USD in 2028. This indicates a year-on-year average growth rate of approximately 2.5%. In comparison, the import value in 2023 stood slightly below the forecasted 2024 value, reflecting a consistent upward trend.
Future trends to watch for include:
- Changes in Canadian energy efficiency regulations that may influence demand for such electric fans.
- Technological advancements leading to more efficient or multi-functional fan designs.
- Potential shifts in consumer preferences toward alternative cooling solutions or smart home integrated systems.