In 2023, the import of soaps for purposes other than toilet soap to Canada stood at approximately 89.5 million USD. With forecasted growth showing consistent increases: from 92.805 million USD in 2024 to 106.12 million USD in 2028, there is a clear upward trend. Year-on-year variations average around 3.5% for the forecasted period. The compound annual growth rate (CAGR) over the five-year span from 2024 to 2028 is approximately 3.6%.

Future Trends to Watch For:

Increasing demand for industrial and specialized soaps as Canada continues to diversify its industrial sectors.
Potential shifts in import dynamics due to trade agreements or geopolitical changes affecting global soap supply chains.
Innovation in eco-friendly soap products that may influence import values and consumer preferences.