The market is dominated by foreign suppliers, as imports account for 92.1% of total market size in 2022. Households drive market demand, with household spending representing 94.7% of total demand in 2022. Canada has the 10th largest market size for apparel across the top 20 developed countries, with demand reaching USD18.8 billion in 2022. Lammles Western Wear & Tack Ltd is the largest company in Canada, generating 6.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 20.4% of total production value in 2022. The total number of companies decreases in 2022, to 4,346 units. The costs of the industry increase by 0.9% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 6.3% of production value in 2022, the 14th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 43.1% of total production output. With production value of USD2.0 billion, Canada accounts for 6.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Apparel in Canada: ISIC 181. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Apparel in Canada: ISIC 181 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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