The market is dominated by foreign suppliers, as imports account for 87.8% of total market size in 2020. B2B drives market demand, with B2B spending representing 59.7% of total demand in 2020. Canada has the 11th largest market size for weapons and ammunition across the top 20 developed countries, with demand reaching USD1.0 billion in 2020. General Dynamics Land Systems Canada Corp is the largest company in Canada, generating 40.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 47.8% of total production value in 2020. The total number of companies decreases in 2020, to 1,002 units. The costs of the industry decrease by 7.1% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 4.6% of production value in 2020, the 14th highest across the top 20 developed countries. The industry’s exports share increases in 2020 to 87.4% of total production output. With production value of USD1.2 billion, Canada accounts for 3.0% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Canada: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Canada: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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