The market is dominated by foreign suppliers, as imports account for 77.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 85.0% of total demand in 2022. Canada has the sixth largest market size for rubber products across the top 20 developed countries, with demand reaching USD9.6 billion in 2022. Camso Inc is the largest company in Canada, generating 10.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 17.6% of total production value in 2022. The total number of companies increases in 2022, to 646 units. The costs of the industry increase by 11.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 5.6% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 56.0% of total production output. With production value of USD5.2 billion, Canada accounts for 10.9% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Rubber Products in Canada: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in Canada: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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