Growing on trees: Private investment in construction markets will aid industry growth

Due to the growing recognition of climate change and environmental damage, environmental consulting has become a lucrative business. Over the past five years, the Environmental Consulting industry in Canada has overcome difficult operating conditions to expand. As the economy recovered and business sentiment renewed, despite new investment in nonresidential construction declining during the period, demand for environmental consultants rose. Over the five years to 2024, environmental consultants will continue to endure challenging conditions. Ongoing fears of a property bubble, compounded by historically high levels of household debt, are expected to limit growth in more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Low commodity prices are expected to limit investment in sectors such as mining and oil extraction
  • The industry’s single-largest source of revenue is the Canadian construction market
  • The value of construction is expected to increase, but will be dampened by high household debt
  • Industry Report - Industry SWOT Analysis Chapter

    The Environmental Consulting industry in Canada is in the mature stage of its economic life cycle. The industry is characterized by growth in line with the overall economy and is dependent on construction activity. Over the five years to 2019, the industry has undergone tumultuous conditions as the world price of crude oil collapsed, undermining demand from a variety of sectors including oil and gas, mining and construction. Nonetheless, the industry is expected to experience growth moving forward as commodity prices rebound and environmental consciousness continues to grow.Industry value added (IVA), used to measure an industry’s contribution to the overall economy, is projected to increase at an annualized rate of 0.7% o...purchase to read more.

    Additional Insights for the Environmental Consulting Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Environmental Consulting Industry are

  • Ability to accommodate environmental requirements
  • Ability to manage external (outsourcing) contracts
  • Fast adjustments made to changing regulations
  • IBISWorld analysts also discuss how external factors such as Value of nonresidential construction and Demand from mining in the Environmental Consulting industry impact industry performance..

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    What's in this report

    What is the Environmental Consulting Industry?

    Operators in this industry provide advice to businesses and the federal government on environmental issues, such as the control of environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multidisciplined staff of scientists, engineers and other technicians.

    Industry Products
  • Environmental assessments and audits
  • Site remediation planning
  • Natural resource management
  • Waste management
  • Environmental policy development
  • Other services
  • Industry Activities
  • Environmental impact assessment
  • Natural resource management
  • Sanitation consulting
  • Site remediation consulting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of nonresidential construction
  • Demand from mining
  • World price of crude oil
  • Corporate profit
  • Government expenditure and investment
  • Value of residential construction

  • Current Performance
  • Environmental awareness
  • Recovery drives growth
  • Economic challenges persist
  • Regulatory changes
  • Chart: Revenue Growth

  • Industry Outlook
  • Mixed construction markets
  • Regulation and perception
  • Industry landscape
  • Table: Environmental Consulting Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Environmental Consulting Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining In Canada
  • Electric Power Transmission in Canada
  • Natural Gas Distribution in Canada
  • Construction In Canada
  • Waste Treatment & Disposal Services in Canada
  • Public Administration in Canada

  • Key Selling Industries
  • Database & Directory Publishing in Canada
  • Engineering Services in Canada
  • Geophysical Services in Canada
  • Laboratory Testing Services in Canada
  • Surveying & Mapping Services in Canada

  • Products & Services
  • Environmental assessments and audits
  • Other services
  • Site remediation planning
  • Waste management
  • Natural resource management
  • Environmental policy development
  • Chart: Environmental Consulting Industry Products and Services Segmentation

  • Demand Determinants
  • Environmental regulation
  • Commodity prices
  • Consumer preferences and lobby groups
  • Business profit margins

  • Major Markets
  • Construction companies
  • Government
  • Power companies
  • Oil and gas companies
  • Mining companies
  • Other
  • Chart: Major Market Segmentation for the Environmental Consulting Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesMarketing and depreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Environmental Consulting

  • Basis of Competition
    Reputation and qualityBreadth of servicesSpecialized services
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Environmental Consulting Industry

  • Industry Globalization
    Tetra Tech Inc., Jacobs Engineering Group Inc., Stantec Inc., AECOM,
  • Table: Tetra Tech Inc. - financial performance
  • Table: Jacobs Engineering Group Inc. - financial performance
  • Table: Stantec Inc. - financial performance
  • Table: AECOM - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Environmental Consulting Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Environmental Consulting Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Value of nonresidential construction (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Due Diligence
  • Due diligence refers to the undertaking of an investigation prior to signing contracts.
  • Negative Externalities
  • Negative externalities are undesirable effects that occur during business. These effects are experienced by unrelated parties to the transaction.
  • Site Remediation
  • Site remediation refers to the removal of pollutants and other contamination from environmental mediums.
  • Solidification
  • The use of chemicals or other agents to create a solid object that will prevent other environments from interacting with the contaminated product.
  • Surfactant Enhanced Aquifer Remediation
  • Surface enhanced aquifer remediation refers to the injection of hydrocarbon mitigation agents to enhance desorption in soil or other materials.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Environmental Consulting market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Environmental Consulting:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Environmental Consulting market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Environmental Consulting, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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