Computer Peripheral Manufacturing in Canada - Market Research Report (2013-2028)
New York, United States
Last Updated: September 2023
NAICS 33411bCARevenue
$670.4m
Past 5-Year Growth
Profit
$X.Xm
Employees
1,593
Businesses
309
Wages
$XXX.Xm
Computer Peripheral Manufacturing in Canada industry analysis
Canadian computer peripheral manufacturers have struggled over the past decade, as strong import competition has brought low-cost goods into the domestic market. Peripheral products are still desirable in the corporate space, although individual consumers increasingly purchase mobile and cloud-based devices. These products rarely require peripheral add-ons. Revenue has expanded at an expected CAGR of 7.4% to $670.4 million through 2023, despite a 0.3% drop in 2023. Manufacturers peaked during the pandemic, particularly as consumers spent more time at home and on computers; however, massive declines bracket this pandemic-era growth. Several major manufacturers have departed from the domestic industry because of the low-cost imports flooding the market, making domestic goods less competitive, often opting for offshore production. The industry's focus has shifted in favour of monitors, although prices have plummeted, limiting the impact of technological innovation and volume output. While these price drops present manufacturers with steady consumer demand, lower prices have severely limited profit growth. R&D costs have increased as companies struggle to compete, but companies have reaped less from each new innovation. Rapid technological development will encourage some entrants. Even so, most manufacturers will leverage cost savings from outsourcing to low-wage countries; this movement will overshadow any entry. Many major technology companies have shifted their entire supply chains abroad. While higher private investment in computers could benefit demand for peripherals, the inexpensive labour market across Asia will damage growth opportunities. Revenue will contract at an expected CAGR of 0.3% to $660.3 million through the outlook period.
Trends and Insights
- Most manufacturers have moved production entirely offshore. Key producers, like HP and Dell, have closed facilities in Canada, leaving only corporate offices.
- Computer storage devices and attachments have struggled to compete with cloud storage. Even so, many businesses prefer physical storage as a failsafe.
- Most manufacturers are in Ontario. Manufacturers in this region benefit from lucrative trade and consumer markets.
- Manufacturers face intense external competition. Imports and alternative products, like cloud-storage, have overrun Canadian manufacturers.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 7.4 % over the past five years, to reach an estimated $670.4m in 2023.
Trends and Insights
Prices are plummeting despite technological advancements
- Manufacturers have made increasingly sophisticated computer peripherals. More efficient production methods have enabled manufacturers to pass along lower retail prices to consumers, causing the cost of high-end hard drives and other storage devices to stagnate or drop over the past decade despite significantly improved capabilities.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Most manufacturers will most production offshore
- Canadian computer hardware and peripheral manufacturers face heavy competition. Peripheral manufacturers especially deal with low barriers to entry and plummeting selling costs, leading to dipping profit and a mass exodus of companies from the industry.
Biggest companies in the Computer Peripheral Manufacturing in Canada
| Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
|---|---|---|---|---|
ACCO Brands Corporation | 26.5 | 2.8 | 10.6 | |
Teleline Canada Ltd. | 11.4 | N/A | N/A | |
Fellowes Brands | 2.0 | N/A | N/A |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Computer storage devices and attachments, Data processing machines and accessories and Other. Computer storage devices and attachments is the largest segment of the Computer Peripheral Manufacturing in Canada.
Trends and Insights
Computer storage devices and attachments falter as computer manufacturers phase out external storage
- Computer storage devices include data storage and retrieval devices operating through magnetic, optical or flash media. The industry's most frequently produced storage devices include hard disk drives for personal computer data storage, CD-ROM drives, DVD drives, USB drives, solid-state drives and external hard drives.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Computer Manufacturing in Canada
Complementors
- Telecommunications Networking Equipment Manufacturing in Canada
- Audio & Video Equipment Manufacturing in Canada
- Semiconductor & Other Electronic Component Manufacturing in Canada
International industries
- Global Computer Hardware Manufacturing
- Computer Peripheral Manufacturing in the US
- 3D Printer Manufacturing in the US
- Computer and Electronic Office Equipment Manufacturing in Australia
- Computer & Peripheral Equipment Manufacturing in the UK
Table of Contents
About this industry
Industry definition
This industry includes companies that manufacture peripheral equipment for computers, such as monitors, keyboards, mice, printers, scanners and terminals. Manufacturers of networking equipment (e.g. routers and modems) are not included in this report; refer to IBISWorld report 33421CA for more information.
What's included in this industry?
Computer monitor manufacturingMouse-device manufacturingKeyboard manufacturingPrinter manufacturingDigital camera manufacturingATM manufacturingPoint-of-sale terminal manufacturingCompanies
ACCO Brands CorporationTeleline Canada Ltd.Fellowes BrandsPurchase this report to view all 4 major companies in this industry.
Related Terms
LIQUID-CRYSTAL DISPLAY (LCD)SOLID-STATE DRIVE (SSD)GIGABYTE (GB)TERABYTE (TB)LIGHT-EMITTING DIODE (LED)ORGANIC LIGHT-EMITTING DIODE (OLED)MOORE's LAWIndustry Code
NAICS 334110 - Computer Peripheral Manufacturing in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Most manufacturers have moved production entirely offshore. Key producers, like HP and Dell, have closed facilities in Canada, leaving only corporate offices.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Computer storage devices and attachments have struggled to compete with cloud storage. Even so, many businesses prefer physical storage as a failsafe.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Most manufacturers are in Ontario. Manufacturers in this region benefit from lucrative trade and consumer markets.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each province in 2023
- Number and share of revenue each province accounts for in 2023
- Number and share of wages each province accounts for in 2023
- Number and share of employees in each province in 2023
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Manufacturers face intense external competition. Imports and alternative products, like cloud-storage, have overrun Canadian manufacturers.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Most companies have fled the Canadian market. Manufacturers reap stronger profit by moving production overseas.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of ACCO Brands Corporation's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Teleline Canada Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Fellowes Brands's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for ACCO Brands Corporation, and factors influencing its performance in the industry
- Description and key data for Teleline Canada Ltd., and factors influencing its performance in the industry
- Description and key data for Fellowes Brands, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Manufacturers adhere to many quality control standards. Consumers only buy products that are compatible with the rest of their devices.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Manufacturers have faced plummeting profit. Heavy competition and high costs have prevented companies from succeeding.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2016-2021)
- Coverage Ratios (2016-2021)
- Leverage Ratios (2016-2021)
- Operating Ratios (2016-2021)
- Assets (2016-2021)
- Liabilities (2016-2021)
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Computer Peripheral Manufacturing industry in Canada in 2024?
The market size of the Computer Peripheral Manufacturing industry in Canada is $670.4m in 2024.
How many businesses are there in the Computer Peripheral Manufacturing in Canada industry in 2023?
There are 309 businesses in the Computer Peripheral Manufacturing industry in Canada, which has declined at a CAGR of 2.2 % between 2018 and 2023.
Has the Computer Peripheral Manufacturing industry in Canada grown or declined over the past 5 years?
The market size of the Computer Peripheral Manufacturing industry in Canada has been growing at a CAGR of 7.4 % between 2018 and 2023.
What is the forecast growth of the Computer Peripheral Manufacturing industry in Canada over the next 5 years?
Over the next five years, the Computer Peripheral Manufacturing industry in Canada is expected to decline.
What are the biggest companies in the Computer Peripheral Manufacturing market in Canada?
The biggest companies operating in the Computer Peripheral Manufacturing market in Canada are ACCO Brands Corporation, Teleline Canada Ltd. and Fellowes Brands
What does the Computer Peripheral Manufacturing in Canada include?
Computer monitor manufacturing and Mouse-device manufacturing are part of the Computer Peripheral Manufacturing industry.
Which companies have the highest market share in the Computer Peripheral Manufacturing in Canada?
The company holding the most market share in Canada is ACCO Brands Corporation.
How competitive is the Computer Peripheral Manufacturing industry in Canada?
The level of competition is moderate and increasing in the Computer Peripheral Manufacturing industry in Canada.
