The market is dominated by foreign suppliers, as imports account for 60.3% of total market size in 2022. Investments drive market demand, with investments representing 61.4% of total demand in 2022. Canada has the 11th largest market size for lifting and handling equipment across the top 20 developed countries, with demand reaching USD5.5 billion in 2022. Webb Jervis B Co Of Canada Ltd is the largest company in Canada, generating 10.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 23.4% of total production value in 2022. The total number of companies increases in 2022, to 1,442 units. The costs of the industry increase by 24.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.4% of production value in 2022, the 13th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 64.3% of total production output. With production value of USD5.5 billion, Canada accounts for 13.9% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Lifting and Handling Equipment in Canada: ISIC 2915. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Lifting and Handling Equipment in Canada: ISIC 2915 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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