The Not Sorted Used or New Rags Textile Material Market in Canada has experienced fluctuations from 2013 to 2023. In 2023, the market stood at 19.013 million USD. Over the last two years, the market showed slight declines with a year-on-year decrease of 0.58% in 2022 and 0.57% in 2023. The five-year CAGR ending in 2023 was -1.56%, highlighting a shrinking trend.
Future trends to watch for include:
- Potential recovery driven by sustainable fashion and recycling advancements.
- Changes in consumer habits towards more eco-friendly textile solutions.
- Regulatory impacts and economic conditions affecting import/export dynamics.
How does Canada rank in Not Sorted Used or New Rags Textile Material Market Size Value?
| # | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 31,732,000 | 2023 | -2.6% | -3.03% | View data |
| 2 | 2 Canada | 19,013,000 | 2023 | -0.57% | -1.56% | |
| 3 | 3 France | 18,932,000 | 2023 | -1.43% | -2.58% | View data |
| 4 | 4 Thailand | 6,643,600 | 2023 | -0.38% | +0.85% | View data |
| 5 | 5 Switzerland | 4,644,200 | 2023 | +1.77% | +1.1% | View data |
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