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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry SWOT Analysis Chapter

The Laboratory Supply Wholesaling industry is currently in the mature stage of its life cycle. Over the 10 years to 2019, industry value added, which measures the industry's contribution to the overall economy, is expected to increase 1.9% per year on average, which is slightly below annualized GDP growth of 2.4%. While IVA is slightly below GDP as a whole, this is primarily due to consolidation and the growing use of technology, reducing need for labour. Moreover, while many of the industry's products are constantly innovating, this industry distributes products to established downstream markets. Therefore, this industry is in the mature stage of its industry life cycle... 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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