Environmental Consulting in Canada - Industry Market Research Report

Reducing and reusing: Subsiding economic uncertainty will benefit downstream demand for the industry

Environmental consultants are increasingly important for a range of downstream markets as environmental awareness spreads and regulations pertaining to it become more common and stricter. Construction activity is a key metric of success for consultants, as nearly all construction jobs require environmental consultant services at some level. Volatile construction rates brought on by the pandemic contributed to slight revenue volatility, but overall growth in nonresidential construction and greater investment from government bodies benefited consultants overall. Over the past five years, revenue has been growing at a CAGR of 4.6% and is expected to reach $4.1 billion in 2023, when revenue will dip 2.2%.

Operators in this industry provide advice to businesses and the federal government on environmental issues, such as the control of environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multidisciplined staff of scientists, engineers and other technicians.

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.