In 2023, Non-Metallic Mineral Product Manufacturing Expenses in Canada stood at 16.398 billion CAD. From 2024 to 2028, the forecasted data shows a consistent upward trend, with year-on-year growth maintaining a modest increase. Specifically, expenses are predicted to rise from 16.522 billion CAD in 2024 to 17.056 billion CAD in 2028, reflecting steady growth in this sector. The compound annual growth rate (CAGR) between 2024 and 2028 is approximately 0.79%, indicative of stable, if unspectacular, growth in the industry over the five-year period.

Future trends to watch for in the Non-Metallic Mineral Product Manufacturing sector in Canada include:

Technological advancements that can improve efficiencies and reduce costs.
Potential impacts of environmental regulations on production processes.
Shifts in demand due to changes in construction and infrastructure projects.
Influence of global economic conditions on raw material prices and export markets.