Industrial Machinery & Equipment Wholesaling in Canada
The Industrial Machinery and Equipment Wholesaling industry in Canada distributes a variety of products for multiple industries. These products include hoists and forklifts for the material handling sector in addition to diesel engines, pumps and metalworking machinery for the manufacturing sector. Despite this diversity, the industry's success is ultimately dependent on Canadian industrial output and manufacturing activity. Downward pressure on profit margins has influenced the decline in the number of establishments and enterprises, as unprofitable companies have exited the industry. Slower growth in the industry's downstream markets and overall economy will lead to a slight increase in demand for industrial machinery and equipment at the wholesale level over the five years to 2024.
Industrial machinery and equipment wholesalers in this industry primarily distribute specialized machinery, equipment and related parts used in manufacturing, extraction and warehousing industries.
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.
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