B2B drives market demand, with B2B spending representing 99.5% of total demand in 2020. The total number of companies decreases in 2020, to 132,188 units. The costs of the industry decrease by 2.7% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 20.6% of turnover in 2020, the 18th highest across the top 20 developed countries. With turnover of USD35.8 billion, Canada accounts for 8.0% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Office Administrative and Other Business Services in Canada: ISIC 7499. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Office Administrative and Other Business Services in Canada: ISIC 7499 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of accounting and auditing, advertising, architectural and engineering services, building-cleaning services, business and management consultancies, computer and related services, investigation and security services, legal services and other business services.See All of Our Definitions
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