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Laboratory Supply Wholesaling in Canada: Market Research Report

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

Laboratory Supply Wholesaling in Canada Market Research Report | NAICS 42349CA | Jul 2014

Scoping out: Increased consolidation and rising R&D spending will boost revenue

IBISWorld’s Laboratory Supply 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
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
1.1%
Annual Growth 14-19
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Profit
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Employment
5,112
Businesses
302
Industry Analysis & Industry Trends

The Laboratory Supply Wholesaling industry closely follows the performance of professional, scientific and technical service industries. Over the five year to 2014, demand from these downstream industries contracted due to unfavourable economic conditions during the recession. However, government regulation across a wide range of industries has stimulated growth in downstream markets, improving demand in recent years. In the five years to 2019, the industry is expected to benefit from increasing research and development (R&D) expenditure, and growing demand from biotechnology and improved research and development budgets are forecast to boost revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the Laboratory Supply Wholesaling industry are moderate. Investing in and building bigger efficient wholesaling facilities can discourage competitors from competing with incumbents. Minimum scale in the industry necessitates large capital outlays, and there are high costs associated with the construction and development of new warehousing and distribution facilities.

New entrants to this industry may have to pay more for stock, particularly given existing long-term supply contracts and relationships between existing suppliers and wholesalers. Backward integration of some major players in this industry enables them to reduce their unit costs. As such, new entrants may have to pay comparatively higher prices for products and transportation costs... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Laboratory Supply Wholesaling Industry?

Companies in this industry wholesale laboratory, scientific and school equipment, instruments and supplies. This industry excludes medical, hospital and dental equipment and supply distribution.

Industry Products
Laboratory equipment and furnitureSchool suppliesScientific equipmentOther professional equipment
 
Industry Activities
Wholesaling analytical instruments (e.g. chromatographic instruments, photometers and spectrographs) Wholesaling architectural, drafting, engineering, surveying and veterinary equipment and supplies Wholesaling blackboards Wholesaling laboratory equipment, including balances and scales (except dental, medical and ophthalmic equipment) Wholesaling professional instruments, equipment and supplies (except dental, medical and ophthalmic supplies) Wholesaling school equipment and supplies (except books and furniture) Wholesaling scientific instruments and scientific laboratory equipment


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