The market is dominated by domestic suppliers, as imports account for 14.2% of total market size in 2020. B2B drives market demand, with B2B spending representing 99.7% of total demand in 2020. Canada has the ninth largest market size for structural metal products across the top 20 developed countries, with demand reaching USD13.8 billion in 2020. Royal Group Inc is the largest company in Canada, generating 15.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 29.4% of total production value in 2020. The total number of companies decreases in 2020, to 5,412 units. The costs of the industry decrease by 2.1% in 2020, largely driven by declining labour costs. The industry’s profitability decreases and stands at 24.8% of production value in 2020, the highest across the top 20 developed countries. With production value of USD12.8 billion, Canada accounts for 14.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Structural Metal Products in Canada: ISIC 2811. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Structural Metal Products in Canada: ISIC 2811 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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