Forecast: Import of Turntables, Without Record Changers to Canada

The import of turntables to Canada is forecasted to grow steadily from 2024 through 2028, with year-on-year increases manifesting as 3.06% from 2024 to 2025, 2.91% from 2025 to 2026, 2.78% from 2026 to 2027, and 2.64% from 2027 to 2028. This indicates a gradual slowdown in growth rate. The compound annual growth rate (CAGR) over this period is projected at approximately 2.85%. Unfortunately, data for 2023 was not provided, limiting a complete understanding of pre-forecast trends.

Future trends to watch for include:

  • Potential impacts of technological advancements in audio equipment on traditional turntable imports.
  • Shifts in consumer preferences towards vintage and high-fidelity audio experiences, which could influence demand.
  • Effects of global trade policies and tariffs on import costs and volumes.

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