With production value of USD799 million, Canada accounts for 6.8% of the North America total in 2024. The industry’s exports share increases in 2024 to 15.1% of total production output. The industry’s profitability increases and stands at 12.2% of production value in 2024, the 10th highest across the top 20 developed countries. The costs of the industry decrease by 18.9% in 2024, largely driven by declining B2B costs. The total number of companies decreases in 2024, to 1,496 units. The industry is fragmented, with the top four companies generating 7.3% of total production value in 2024. Parapad Inc is the largest company in Canada, generating 2.0% of the industry’s total production value in 2024. Canada has the 13th largest market size for made-up textile articles across the top 20 developed countries, with demand reaching USD3.8 billion in 2024. Households drive market demand, with household spending representing 62.2% of total demand in 2024. The market is dominated by foreign suppliers, as imports account for 73.9% of total market size in 2024.
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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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