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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

The Laboratory Supply Wholesaling industry distributes equipment and supplies to laboratories, schools and other niche companies. While demand from downstream buyers has grown at a relatively steady rate, revenue dipped slightly in 2010, as downstream industries cut back on spending and education cuts reduced demand for industry products. However, demand has rebounded in following years and revenue is projected to grow at an average annual rate of 1.1% during the five years to 2014. Following its current growth trend, revenue is anticipated to grow 2.2% over 2014 to $2.6 billion during the year.

Over the five years to 2014, consolidation and wholesale bypass are expected to reduce the number of companies at an average annual rate of 1.2% to 302 companies... 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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