The market is dominated by domestic suppliers, as imports account for 7.4% of total market size in 2022. Investments drive market demand, with investments representing 78.5% of total demand in 2022. Canada has the largest market size for machinery for textile and apparel production across the top 20 developed countries, with demand reaching USD7.7 billion in 2022. Automatex Inc is the largest company in Canada, generating 0.1% of the industry’s total production value in 2022. The industry is fragmented, with the top one company generating 0.1% of total production value in 2022. The total number of companies increases in 2022, to 312 units. The costs of the industry increase by 7.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.1% of production value in 2022, the 17th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 0.5% of total production output. With production value of USD6.4 billion, Canada accounts for 69.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Canada: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Canada: ISIC 2926 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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