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

Publisher IBISWorld
Published Sep 27, 2024
Length 78 Pages
SKU # IBSS19342745

Description

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


Farm, Lawn & Garden Equipment Wholesaling in Canada

The farm, lawn and garden equipment wholesaling industry in Canada primarily sells agricultural equipment, including tractors, plows and irrigation spillers. In addition, the industry sells equipment for dairy and livestock farming. Over the five years to 2023, demand from farmers has been moderately volatile due to fluctuations in crop prices and farmer income. High crop prices throughout the period encouraged farmers to spend on new equipment, boosting industry revenue. However, this situation began to reverse in 2019, with global oversupply resulting in plummeting crop prices that slashed income at downstream farms, constraining demand for industry equipment. Downstream markets have since stabilized and grown steadily, boosting overall price and demand conditions. Over the past five years, revenue has grown at a CAGR of 1.2% to $26.7 billion, including an expected 0.9% decrease in 2023. Profit is expected to climb to 7.9% of revenue in 2023 from 6.4% in 2018

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

78 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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