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Laboratory Testing Services in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 04, 2024
Length 78 Pages
SKU # IBSS19341069

Description

Laboratory Testing Services in Canada - Industry Market Research Report


Laboratory Testing Services in Canada

Over the five years to 2023, revenue for the Canadian Laboratory Testing industry has slightly declined due to periods of considerable volatility. The industry consists of companies that perform tests on consumer products, industrial materials, energy resources and other goods. COVID-19 disrupted normal testing activity, but business has partially bounced back since then. Revenue has slightly declined, falling at a CAGR of 0.2% to $2.6 billion over the past five years, though revenue will increase 0.2% in 2023 alone.

Operators in the Laboratory Testing Services industry in Canada perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or on-site where the product is manufactured or developed. Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards. This industry excludes medical and veterinary testing labs.

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
TABLE OF CONTENTS

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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