The market is dominated by foreign suppliers, as imports account for 72.6% of total market size in 2022. Households drive market demand, with household spending representing 58.4% of total demand in 2022. Canada has the 10th largest market size for made-up textile articles across the top 20 developed countries, with demand reaching USD4.9 billion in 2022. Parapad Inc is the largest company in Canada, generating 2.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 9.2% of total production value in 2022. The total number of companies increases in 2022, to 1,786 units. The costs of the industry increase by 5.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 11.2% of production value in 2022, the 15th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 13.2% of total production output. With production value of USD1.0 billion, Canada accounts for 9.3% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Made-up Textile Articles in Canada: ISIC 1721. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Made-up Textile Articles in Canada: ISIC 1721 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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