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Farm, Lawn & Garden Equipment Wholesaling in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Farm, Lawn & Garden Equipment Wholesaling in Canada Market Research Report | NAICS 41711CA | Apr 2016

Small haul: Weak crop prices and demand for farmers will challenge the industry

IBISWorld’s Farm, Lawn & Garden Equipment Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
20,470
Businesses
1,641
Industry Analysis & Industry Trends

Over the five years to 2016, demand from farmers has been volatile due to fluctuations in crop prices and farmer income. High crop prices earlier in the period encouraged farmers to spend on new equipment, boosting industry revenue. This trend has since reversed, with major crops incurring a glut on world markets and plummeting in price; this has hurt farmer income and curbed demand for farming equipment. The industry is expected to experience further challenges over the five years to 2021, primarily due to continued weakness in crop prices and in demand from farmers. To salvage demand, operators may look to offer more high value-added services such as repair and maintenance... purchase to read more

Industry Report - Industry Products Chapter

Wholesaling tractors and combines

The distribution of tractors and combines generates an estimated 53.1% of industry revenue. Farm tractors are needed to operate most farm equipment; they are vehicles used to pull hay tools, forage equipment and ground-engaging equipment. Combines are large, self-propelled machines used to harvest crops, including corn, wheat and soybeans. This product segment has increased in recent years due to an expansion of planted acreage of corn and soybeans used to produce ethanol-based biofuel. This segment had also benefited from the explosion of large-scale farming early in the five-year, as corn and soybeans experienced their biggest growth spurts in recent history, a trend that has since reversed... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Farm, Lawn & Garden Equipment Wholesaling Industry?

Operators in this industry primarily purchase specialized machinery, equipment and related parts used in agricultural and consumer segment activities (e.g. farm, lawn and garden). This equipment is then sold to downstream markets, namely farms and other wholesalers that make them available to end consumers.

Industry Products
Wholesaling tractors and combinesWholesaling other farming equipmentWholesaling lawn and garden equipment
 
Industry Activities
Wholesaling tractors and combinesWholesaling other farming equipmentWholesaling lawn and garden equipment


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