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Farm, Lawn & Garden Equipment Wholesaling in Canada: Market Research Report

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

Farm, Lawn & Garden Equipment Wholesaling in Canada Market Research Report | NAICS 41711CA | Jan 2017

Small haul: Weak crop prices and demand for farmers will challenge the industry

IBISWorld’s Farm, Lawn & Garden Equipment 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 11-16
3.3%
Annual Growth 16-21
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Profit
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Employment
21,143
Businesses
1,619
Industry Analysis & Industry Trends

Over the five years to 2016, demand from farmers has been volatile due to fluctuations in crop prices and farmer income. High crop prices earlier in the period encouraged farmers to spend on new equipment, boosting industry revenue. This trend has since reversed, with major crops incurring a glut on world markets and plummeting in price; this has hurt farmer income and curbed demand for farming equipment. The industry is expected to experience further challenges over the five years to 2021, primarily due to continued weakness in crop prices and in demand from farmers. To salvage demand, operators may look to offer more high value-added services such as repair and maintenance... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Farm, Lawn and Garden Equipment Wholesaling industry is in the mature stage of its life cycle. Industry value added, which measures the industry's contribution to the economy, is forecast to grow an annualized 2.8% over the 10 years to 2021. This is slightly larger than the forecast growth of Canadian GDP over the period, at 1.8% per year on average, indicating that the industry's contribution to the economy is stable.

Other factors reflect industry maturity. Technological advances are not prevalent in the industry. Stable, clearly segmented product groups are further indicative of an industry in the mature stage of its life cycle, as is a saturated market. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Farm, Lawn & Garden Equipment Wholesaling Industry?

Operators in this industry primarily purchase specialized machinery, equipment and related parts used in agricultural and consumer segment activities (e.g. farm, lawn and garden). This equipment is then sold to downstream markets, namely farms and other wholesalers that make them available to end consumers.

Industry Products
Wholesaling tractors and combinesWholesaling other farming equipmentWholesaling lawn and garden equipment
 
Industry Activities
Wholesaling tractors and combinesWholesaling other farming equipmentWholesaling lawn and garden equipment


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