Market Insights Consumer Beauty & Personal Care Skin Care

Baby & Child - Canada

Canada

In Canada, the revenue generated in the Baby & Child market reaches US$30.44m in 2024.
It is projected to experience an annual growth rate of 1.29% (CAGR 2024-2029).
When comparing this to the global market, it is worth noting that in China generates the highest revenue with US$651m in 2024.
In terms of per person revenues, in 2024, each individual contributes US$0.78 to the overall revenue in Canada's Baby & Child market.
"Canada's Baby & Child market is experiencing a surge in demand for organic and eco-friendly products, reflecting the country's strong environmental consciousness."

Key regions: United Arab Emirates, India, Singapore, Worldwide, South Korea

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.