The market is dominated by foreign suppliers, as imports account for 78.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 68.3% of total demand in 2022. Canada has the seventh largest market size for industrial air-conditioning, packaging and other general purpose machinery across the top 20 developed countries, with demand reaching USD16.0 billion in 2022. Ntk Holdings Inc is the largest company in Canada, generating 7.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 20.4% of total production value in 2022. The total number of companies increases in 2022, to 5,723 units. The costs of the industry increase by 4.9% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.8% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 50.8% of total production output. With production value of USD7.7 billion, Canada accounts for 7.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Industrial Air-conditioning, Packaging and Other General Purpose Machinery in Canada: ISIC 2919. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Air-conditioning, Packaging and Other General Purpose Machinery in Canada: ISIC 2919 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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