Forklift & Conveyor Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Forklift & Conveyor Manufacturing in Canada Market Research Report | NAICS 33392CA | Feb 2015

Rolling forward: Increases in demand from the United States will aid revenue growth

IBISWorld’s Forklift & Conveyor Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Over the past five years, the Forklift and Conveyor Manufacturing industry in Canada has grown, benefiting from increased US demand for Canadian goods during the onset of economic recovery. As the industry moves further from the booming recovery and competitive pressure from imports increases in the next five years, revenue is expected to slow considerably... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis determines that this industry is in a declining phase of its life cycle. During the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the Canadian economy, is projected to decrease 0.6% per year on average. In comparison, Canadian GDP is forecast to rise at an average rate of 2.2% annually during the same period; this discrepancy indicates that the Forklift and Conveyor Manufacturing industry in Canada is in decline, as it is increasingly lagging behind the overall economy.

Competition from imported forklifts and conveyor products consistently takes the majority of the domestic market away from Canadian manufacturers. By 2020, IBISWorld expects imported products to satisfy 97.2% of domestic demand... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Forklift & Conveyor Manufacturing Industry?

This industry manufactures equipment used to lift or move materials or people. Major products include forklifts and industrial trucks; escalators and elevators; conveyor belts, hoists, winches, cranes and monorail systems; and related parts, attachments and equipment.

Industry Products
Forklifts and industrial trucks, trailers and stackers Overhead cranes, hoists and monorail systems Conveyors and conveying equipment
Industry Activities
Industrial truck, tractor, trailer and stacker machineryOverhead traveling crane, hoist and monorail system Conveyor and conveying equipment Elevator and moving-stairway

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