Households drive market demand, with household spending representing 55.1% of total demand in 2023. Loblaw Cos Ltd is the largest company in Canada, generating 8.0% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 19.8% of total production value in 2023. The total number of companies increases in 2023, to 304,593 units. The costs of the industry decrease by 0.7% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 17.9% of turnover in 2023, the 10th highest across the top 20 developed countries. With turnover of USD138 billion, Canada accounts for 6.3% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Retail in Canada: ISIC 52. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Retail in Canada: ISIC 52 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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