The imports of knitted or crocheted men's and boys' trousers and shorts of synthetic fibres to Canada were valued at $163.57 million in 2024 and are forecasted to grow steadily to $191.86 million by 2028. This represents a year-on-year growth of approximately 4.5% from 2024 to 2025, a 4.2% increase from 2025 to 2026, a 3.9% rise from 2026 to 2027, and finally, a 3.7% increase from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is predicted to be approximately 4.0%.
Future trends to watch include:
- Global economic conditions influencing consumer spending in Canada.
- Fashion trends affecting demand for synthetic fibres vs. natural materials.
- Trade agreements or tariffs that may impact the cost and flow of imports.
- Technological advancements in textile production and sustainability trends influencing consumer preferences.