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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 | Mar 2017

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

The Laboratory Supply Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 12-17
1.8%
Annual Growth 17-22
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Profit
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Employment
3,050
Businesses
2,424
Industry Analysis & Industry Trends

Revenue for the Laboratory Supply Wholesaling industry closely follows the performance of scientific and technical service industries. While demand from such industries rose strongly over the five years to 2017, growth has slowed to a moderate pace. The growing prevalence of wholesale bypass, a trend where businesses purchase directly from manufacturers, has negatively impacted industry wholesalers that distribute school supplies and other niche products. However, wholesale bypass has not significantly affected larger industry players thanks to their vertical integration. Industry companies are actively consolidating, acquiring smaller players with innovative products to expand their customer base and reduce competition... 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 2022, industry value added, which measures an industry's contribution to the overall economy, is expected to increase at an annualized rate of 1.4%, which is slightly below annualized GDP growth of 1.8%. While IVA is growing slightly slower than the economy as a whole, this is primarily due to consolidation and the growing use of technology, which both reduce the need for labour. While many of the industry's products are constantly experiencing innovation, this industry distributes these updated products to well-established downstream markets. Therefore, this industry is in the mature stage of its economic life cycle.

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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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