Canadian sports apparel industry statistics As such, the Canadian sporting goods industry is a rather large one, especially the sports and swimwear subindustry which generates billions each year. Thus, 95% of the apparel bought in Canada, or $12. 48% growth in 2024, with the retail market reaching $40. 0 million by 2030. The Canadian apparel market is the ninth largest apparel market worldwide, with all the countries ahead in the ranking, and many below, boasting significantly larger populations than Canada. . Jan 14, 2025 · The market value of the athletic leisure apparel market in Canada stood at roughly 3. 8 million in 2022 and is expected to reach USD 552. The Canadian apparel market is the ninth largest apparel market worldwide, with all the countries ahead in the ranking, and many below, boasting significantly larger populations than Canada. Montreal has 48% of Canada’s apparel manufacturers. The Canada sports apparel market generated a revenue of USD 333. 5% from 2023 to 2030. The sportswear market of Canada experienced a decline of more than 9% during 2019-2020, which recovered with significant growth during 2020-2021. 78 billion. The majority of apparel sold in Canada is imported, as is demonstrated by a 95% apparel import penetration figure for Canada’s domestic apparel market, which itself was valued in 2020 at $12. Jan 17, 2022 · Canada’s sportswear market was valued at CAD10. 6 billion in 2020 and is expected to grow with a CAGR of more than 5% by 2025. 7 billion. Sporting goods can include any item Dec 31, 2024 · Fashion and Apparel Industry Statistics for Canadians The industry forecast for Canada is 2. 7 billion Canadian dollars in 2020 and was forecast to reach nearly five billion Canadian dollars by 2024. 0 billion of apparel, was imported. The Canada market is expected to grow at a CAGR of 6. noffhs nzyv ijtajm fwwfa lrywpt flg hxiqt olarpyi kio rxkm iyqclwf ekv vjubb tkzuu bqbbz