The re-importation of powered lawn mowers with a horizontal cutting device into Canada is forecasted to increase gradually from 2024 to 2028. The value starts at 196 in 2024 and is projected to reach 225 by 2028, showing a consistent upward trend. In 2023, the value stood at 189, marking a steady growth trajectory. The year-on-year growth rate is approximately 4% initially, with a slight increase as the years progress.
Key future trends to monitor:
- Technological advancements in mower design that could drive higher consumer demand.
- Environmental regulations affecting manufacturing and trade practices.
- Economic factors influencing discretionary spending on garden equipment.