B2B drives market demand, with B2B spending representing 92.5% of total demand in 2020. ALS Canada Ltd is the largest company in Canada, generating 3.1% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 9.1% of total turnover in 2020. The total number of companies decreases in 2020, to 5,040 units. The costs of the industry decrease by 7.5% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 13.0% of turnover in 2020, the 16th highest across the top 20 developed countries. With turnover of USD4.3 billion, Canada accounts for 19.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Technical Testing and Analysis in Canada: ISIC 7422. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical Testing and Analysis in Canada: ISIC 7422 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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