Hat and Headgear Market Overview in Canada
In value terms, hat and headgear production surged to $ in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. Hat and headgear production peaked at $ in 2016; however, from 2017 to 2019, production failed to regain the momentum.
The size of the hat and headgear market in Canada reached $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.