Laboratory Supply Wholesaling in Canada - Industry Market Research Report

To the lab: Ongoing investment in new markets will support industry growth

The Laboratory Supply Wholesaling industry in Canada distributes has seen consistent growth, in line with the performance the scientific and technical service industries that purchase the bulk of professional laboratory and scientific equipment. In addition to growth in downstream markets, research and development (R&D) expenditure has risen, supporting need for laboratory supplies. The COVID-19 pandemic only furthered the need for the laboratory equipment and consumables required by research and safety markets to address the pandemic. As a result, industry revenue is forecast to grow at a CAGR of 4.1% to $4.8 billion over the five year to 2023, including 3.6% in 2023 alone.

Companies in the Laboratory Supply Wholesaling industry in Canada wholesale laboratory, scientific and school equipment, instruments and supplies. This industry excludes companies that predominantly distribute medical, hospital and dental equipment and supplies.

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.