Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Industries in Growth Stage of Life Cycle in Canada in 2024
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View a list of the Top 25 industries in growth stage of life cycle2024 Units *: 44.4
Over the five years to 2018, the Cannabis Production industry in Canada has transitioned from a single government-sponsored provider of medical cannabis products to a highly competitive industry comprising dozens of private companies. This development has largely been shaped by the Canadian government's ongoing deregulation of medical marijuana consumption, as well as underlying demographic shifts and improving consumer conditions. And while the sale and consumption of nonmedical marijuana remains illegal in Canada, growing demand for cannabis products to treat chronic pain and other ailments has resulted in surging revenue growth for most industry operators. Overall, industry revenue is estimated to... Learn More
2024 Units *: 17.0
Over the five years to 2013, the Battery Manufacturing industry experienced steep declines in revenue due to recessionary drops in demand. However, as the economy recovers, this industry is expected to rebound in the coming years. The industry's revenue is volatile because it is heavily influenced by the automotive market as well as the level of trade. Industry operators have also had to contend with rising input prices, as the cost of key materials has fluctuated over the past five years. The cost of lead and nickel, materials used in battery manufacturing, have risen over the past five years and... Learn More
2024 Units *: 15.1
The Semiconductor Machinery Manufacturing industry is has been highly volatile during the past five years. Demand from the industry is determined by conditions in the downstream semiconductor manufacturing, which is characterized by rapid technological change. Industry performance also derives from downstream demand for electronic products that use semiconductors. Revenue is expected to decline at an average annual rate of 0.5% to $1.7 billion during the five years to 2013, largely due to a decline in demand from downstream manufacturing.
Revenue declined quickly in 2009 as semiconductor manufacturers postponed machinery purchases in the midst of the recession. Downstream demand for products that... Learn More
2024 Units *: 13.9
The E-commerce and Online Auctions industry, which is composed of retailers that primarily sell goods and services through online websites, has steadily increased during the past five years, despite the recession and Canadians' reluctance to go online to shop. Industry revenue has increased at an average annual rate of 3.5% to $18.5 billion during the five years to 2013. Revenue is expected to rise 9.9% in 2013 alone as more Canadians, persuaded by increasingly easy-to-use and secure websites, go online to shop. This growth industry is aided by the increasing number of fixed broadband connections, which is a good measure... Learn More
2024 Units *: 10.7
The strengthening loonie has made imported spirits relatively cheaper for Canadians, which has led to a decrease in revenue for the domestic Distilleries industry. Over the past five years, IBISWorld anticipates the value of the dollar to increase at a 1.2% annualized rate relative to the currencies of the country's major trading partners. Adding to industry woes, per capita alcohol consumption is on track to deflate about 0.8% per year on average over the same period. Thus, revenue is expected to fall at a 1.0% annualized five-year rate, including a 0.5% decline in 2013 to total an estimated $943.0 million.Despite... Learn More
2024 Units *: 10.6
The Data Processing and Hosting Services industry is benefiting from businesses that are increasingly outsourcing their information technology (IT) infrastructure needs. The industry provides services related to hosting or data processing used for a variety of IT-related activities ranging from web hosting to automated data entry services. The industry performed well during the past five years with revenue expected to grow at an average annual rate of 3.8% to $4.5 billion in 2013. In 2013 alone, industry revenue is expected to grow 4.3%. The current year's fast growth reflects a recovering economy and an increase in the use of industry... Learn More
2024 Units *: 7.8
The Couriers and Local Delivery Services industry is comprises two segments: large couriers and small local delivery companies. Together these segments cater to a wide variety of consumers, with demand for each segment differing based on the services offered. Specifically, downstream demand for courier services stems from manufacturers, households and retailers across the county, while demand for local delivery services is derived from local businesses and individuals. While the market for these two segments differ, demand tends to be cyclical. Over the five years to 2014, consumer spending increased despite lingering effects from the recession and concerns over a real... Learn More
2024 Units *: 6.8
Over the past five years, the Coffee and Tea Production industry has fared well, thanks to many consumers valuing the taste and versatility of tea and coffee blends. According to the Coffee Association of Canada's Canadian Coffee Drinking Study in 2011 (latest data available), Canadians consume 2.7 cups of coffee per day. This trend, coupled with many studies that have shed light on the health benefits of drinking tea on a daily basis, has stimulated consumer demand for coffee and tea products. Furthermore, more consumers have valued coffee and tea products made with input commodities, such as coffee beans and... Learn More
2024 Units *: 5.2
The Small Specialty Retail Stores industry, which relies on discretionary purchases of products, such as tobacco, art supplies, calendars, candles, trophies and swimming pools, has been plagued by sluggish growth of per capita disposable income and consumer confidence. In addition, increased external competition from department stores and online retailers offering the same goods at lower prices have limited industry growth. Industry revenue is expected to increase at an average annual rate of 1.5% to $3.9 billion in the five years to 2014. Consumer trends are not expected to change anytime soon, leading to a slow 0.7% growth of industry revenue... Learn More
2024 Units *: 5.2
The Children's and Infants' Clothing Stores industry managed to stitch up the competition by recording revenue growth of an annualized 1.1% in the five years to 2013. While the Canadian economy suffered a 3.3% dip in GDP over three quarters from 2008 to 2009, the country emerged from the global recession intact. However, the industry was not immune to the effects of the recession.
As early as 2008, the Canadian economy began to show signs of economic woes, and by 2009, the recession was in full effect. The national unemployment rate surged 36.1% and hit a high of 8.3% in 2009.... Learn More
Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Biggest Industries by Employment in Canada in 2024
VIEW ARTICLEBased on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Biggest Industries By Revenue in Canada in 2024
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