| Product Code: ETC5362176 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for modeling paste experienced a growth rate of 4.3% from 2023 to 2024, with a compound annual growth rate (CAGR) of 14.02% for the period of 2020-2024. This upward trajectory could be attributed to increased demand for artistic supplies and a stable market environment during this period.

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 Modeling Paste Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Modeling Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Modeling Paste Market - Industry Life Cycle |
3.4 Canada Modeling Paste Market - Porter's Five Forces |
3.5 Canada Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for food decoration and creative baking |
4.2.2 Growing trend of DIY projects and crafts |
4.2.3 Rising popularity of baking and confectionery shows and competitions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from substitute products like fondant and icing |
4.3.3 Regulatory challenges related to food safety and labeling |
5 Canada Modeling Paste Market Trends |
6 Canada Modeling Paste Market Segmentations |
6.1 Canada Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Modeling Paste Market Revenues & Volume, By White, 2021-2031F |
6.1.3 Canada Modeling Paste Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Canada Modeling Paste Market Revenues & Volume, By Green, 2021-2031F |
6.1.5 Canada Modeling Paste Market Revenues & Volume, By Black, 2021-2031F |
6.1.6 Canada Modeling Paste Market Revenues & Volume, By Others, 2021-2031F |
6.2 Canada Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Modeling Paste Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Canada Modeling Paste Market Revenues & Volume, By Residential, 2021-2031F |
7 Canada Modeling Paste Market Import-Export Trade Statistics |
7.1 Canada Modeling Paste Market Export to Major Countries |
7.2 Canada Modeling Paste Market Imports from Major Countries |
8 Canada Modeling Paste Market Key Performance Indicators |
8.1 Number of baking and confectionery workshops and classes using modeling paste |
8.2 Social media mentions and engagement related to modeling paste for creative projects |
8.3 Number of collaborations with influencers and professionals in the baking and confectionery industry |
9 Canada Modeling Paste Market - Opportunity Assessment |
9.1 Canada Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Modeling Paste Market - Competitive Landscape |
10.1 Canada Modeling Paste Market Revenue Share, By Companies, 2024 |
10.2 Canada Modeling Paste 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.
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