The import of baby carriages and parts thereof to Canada is projected to increase steadily from 2024 to 2028, beginning at $32.683 million in 2024 and reaching $33.585 million by 2028. This indicates a consistent year-on-year growth just below 1%, reflecting a stable market. The compound annual growth rate (CAGR) over this period demonstrates gradual, sustainable growth in the sector.
Future trends to watch for include:
- Potential disruptions in global supply chains that might affect import volumes.
- Changes in consumer preferences towards environmentally sustainable products, possibly impacting demand.
- Regulatory developments related to safety standards and import tariffs that could influence market dynamics.
