The market is dominated by foreign suppliers, as imports account for 94.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 67.6% of total demand in 2022. Canada has the eighth largest market size for accumulators, primary cells and primary batteries across the top 20 developed countries, with demand reaching USD2.7 billion in 2022. GBLT Corp is the largest company in Canada, generating 8.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 26.8% of total production value in 2022. The total number of companies increases in 2022, to 293 units. The costs of the industry increase by 25.6% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 12.4% of production value in 2022, the fourth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 62.3% of total production output. With production value of USD206 million, Canada accounts for 1.1% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Canada: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Canada: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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