The import of electrical plugs and sockets to Canada is forecasted to grow steadily from 2024 to 2028, reaching $417.35 million by 2028. In comparison to 2023, the market is experiencing a modest year-on-year increase, with an average annual growth rate (CAGR) of approximately 0.51% over the five-year period.

Future trends to watch for:

Technological advancements in smart home and IoT devices boosting demand for innovative plugs and sockets.
Potential trade policy changes and economic conditions affecting import costs and demand.
Increased focus on sustainable and energy-efficient electrical solutions.