| Product Code: ETC6659844 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Canada light commercial vehicles market witnessed a steady increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period stood at 14.91%. Notably, the year-on-year growth rate for 2023-2024 was 2.31%, contributing to the overall rise in imports during this timeframe.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Light Commercial Vehicles Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Light Commercial Vehicles Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Light Commercial Vehicles Market - Industry Life Cycle |
3.4 Canada Light Commercial Vehicles Market - Porter's Five Forces |
3.5 Canada Light Commercial Vehicles Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
3.6 Canada Light Commercial Vehicles Market Revenues & Volume Share, By Propulsion Type, 2022 & 2032F |
4 Canada Light Commercial Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in e-commerce industry leading to increased demand for last-mile delivery services |
4.2.2 Infrastructure development projects driving demand for light commercial vehicles for transportation of goods |
4.2.3 Increasing focus on sustainability and environmental regulations favoring adoption of electric and hybrid commercial vehicles |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting purchasing decisions of businesses |
4.3.2 Fluctuating fuel prices affecting operational costs of light commercial vehicle owners |
4.3.3 Supply chain disruptions affecting availability of vehicle components and materials |
5 Canada Light Commercial Vehicles Market Trends |
6 Canada Light Commercial Vehicles Market, By Types |
6.1 Canada Light Commercial Vehicles Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Light Commercial Vehicles Market Revenues & Volume, By Vehicle Type, 2022-2032F |
6.1.3 Canada Light Commercial Vehicles Market Revenues & Volume, By Commercial Vehicles, 2022-2032F |
6.2 Canada Light Commercial Vehicles Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Light Commercial Vehicles Market Revenues & Volume, By Hybrid, 2022-2032F |
6.2.3 Canada Light Commercial Vehicles Market Revenues & Volume, By Electric Vehicles, 2022-2032F |
6.2.4 Canada Light Commercial Vehicles Market Revenues & Volume, By ICE, 2022-2032F |
7 Canada Light Commercial Vehicles Market Import-Export Trade Statistics |
7.1 Canada Light Commercial Vehicles Market Export to Major Countries |
7.2 Canada Light Commercial Vehicles Market Imports from Major Countries |
8 Canada Light Commercial Vehicles Market Key Performance Indicators |
8.1 Average age of light commercial vehicles in operation |
8.2 Adoption rate of electric/hybrid commercial vehicles in the market |
8.3 Number of new entrants offering innovative solutions in the light commercial vehicle segment |
9 Canada Light Commercial Vehicles Market - Opportunity Assessment |
9.1 Canada Light Commercial Vehicles Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
9.2 Canada Light Commercial Vehicles Market Opportunity Assessment, By Propulsion Type, 2022 & 2032F |
10 Canada Light Commercial Vehicles Market - Competitive Landscape |
10.1 Canada Light Commercial Vehicles Market Revenue Share, By Companies, 2025 |
10.2 Canada Light Commercial Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here