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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 41793bCA | Apr 2016

Scientific methods: Wholesale bypass remains a threat, but high R&D budgets will sustain industry demand

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
$6bn
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment
17,151
Businesses
299
Industry Analysis & Industry Trends

Laboratory Supply Wholesaling industry revenue closely follows the performance of scientific and technical service industries. While demand from such industries rose strongly following the recession, growth has slowed to a moderate pace in recent years. The growing prevalence of wholesale bypass, when businesses purchase directly from manufacturers, has negatively impacted industry wholesalers that distribute school supplies and other niche products. Comparatively, wholesale bypass has not significantly affected larger industry players thanks to their vertical integration. Moreover, industry companies are actively consolidating; by acquiring smaller players with innovative products, companies are able to simultaneously expand their customer base and reduce competition... 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 companies that predominantly distribute medical, hospital and dental equipment and supplies.

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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