The market is dominated by foreign suppliers, as imports account for 67.4% of total market size in 2020. Investments drive market demand, with investments representing 47.9% of total demand in 2020. Canada has the seventh largest market size for electric lamps and lighting equipment across the top 20 developed countries, with demand reaching USD2.9 billion in 2020. Osram Sylvania Ltd is the largest company in Canada, generating 6.7% of the industry’s total production value in 2020. The industry is fragmented, with the top four companies generating 23.4% of total production value in 2020. The total number of companies decreases in 2020, to 1,283 units. The costs of the industry decrease by 4.1% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 13.4% of production value in 2020, the ninth highest across the top 20 developed countries. With production value of USD1.5 billion, Canada accounts for 8.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Canada: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Canada: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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