B2B drives market demand, with B2B spending representing 74.8% of total demand in 2020. Enterprise Holdings Inc is the largest company in Canada, generating 22.1% of the industry’s total turnover in 2020. The industry is concentrated, with the top four companies generating 51.6% of total turnover in 2020. The total number of companies increases in 2020, to 4,580 units. The costs of the industry decrease by 0.6% in 2020, largely driven by declining labour costs. The industry’s profitability decreases and stands at 32.0% of turnover in 2020, the 17th highest across the top 20 developed countries. With turnover of USD5.5 billion, Canada accounts for 6.2% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Renting of Land Transport Equipment in Canada: ISIC 7111. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Renting of Land Transport Equipment in Canada: ISIC 7111 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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