The market is dominated by foreign suppliers, as imports account for 79.0% of total market size in 2022. Households drive market demand, with household spending representing 92.8% of total demand in 2022. Canada has the eighth largest market size for footwear across the top 20 developed countries, with demand reaching USD7.0 billion in 2022. GA Boulet Inc is the largest company in Canada, generating 12.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 28.3% of total production value in 2022. The total number of companies decreases in 2022, to 172 units. The costs of the industry increase by 16.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.5% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 3.6% of total production output. With production value of USD356 million, Canada accounts for 7.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Footwear in Canada: ISIC 192. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Footwear in Canada: ISIC 192 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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