B2B drives market demand, with B2B spending representing 88.1% of total demand in 2020. Stantec Inc is the largest company in Canada, generating 5.6% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 13.3% of total turnover in 2020. The total number of companies decreases in 2020, to 111,418 units. The costs of the industry decrease by 2.5% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 18.7% of turnover in 2020, the 11th highest across the top 20 developed countries. With turnover of USD16.1 billion, Canada accounts for 4.0% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Architectural and Engineering Services in Canada: ISIC 7421. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Architectural and Engineering Services in Canada: ISIC 7421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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