In 2023, the opening inventory value for Pulp, Paper, and Paperboard Mills in Canada was measured at 2.78 Billion CAD. Moving forward, the forecasted data for 2024 stands at 2.8833 Billion CAD, increasing steadily each year up to 2028 where it reaches 3.2954 Billion CAD. From 2023 to 2024, the year-on-year variation is approximately 3.7%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is about 3.6%.

Future trends to watch for include:

Potential impacts of environmental regulations on production and inventory levels
Technological advancements in production efficiency
Global market demand fluctuations and their effects on inventories