With production value of USD1.8 billion, Canada accounts for 15.2% of the North America total in 2024. The industry’s exports share decreases in 2024 to 13.3% of total production output. The industry’s profitability increases and stands at 2.9% of production value in 2024, the 18th highest across the top 20 developed countries. The costs of the industry increase by 15% in 2024, largely driven by rising B2B costs. The total number of companies decreases in 2024, to 278 units. The industry is fragmented, with the top five companies generating 10.5% of total production value in 2024. North American Fur Producers Marketing Inc is the largest company in Canada, generating 3.9% of the industry’s total production value in 2024. Canada has the 11th largest market size for spinning of textile fibres; weaving of textiles across the top 20 developed countries, with demand reaching USD2.2 billion in 2024. B2B drives market demand, with B2B spending representing 75.5% of total demand in 2024. The market is dominated by domestic suppliers, as imports account for 31.4% of total market size in 2024.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in Canada: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in Canada: ISIC 1711 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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