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Pharmacies & Drug Stores in Canada: Market Research Report

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

Pharmacies & Drug Stores in Canada Market Research Report | NAICS 44611CA | Feb 2015

Healthy growth: Revenue is expected to grow as pharmaceutical demand increases

IBISWorld’s Pharmacies & Drug Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$34bn
Annual Growth 10-15
1.4%
Annual Growth 15-20
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Profit
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Employment
137,296
Businesses
7,837
Industry Analysis & Industry Trends

Sustained increases in health expenditure, rising disposable income and an aging population have underpinned growth over the past five years. Revenue is projected expand during the next five years, with health expenditure and per capita disposable income continuing to rise. As a result, a greater number of companies are likely to enter the industry. However, competition from alternative retailers will remain a threat, despite this expansion... purchase to read more

Industry Report - Industry Locations Chapter

The industry is generally spread according to population, as households are the primary end users of industry products and services. The majority of industry establishments are located in Ontario and Quebec, which account for an estimated 66.4% of establishments in 2012, according to the latest data available from Statistics Canada. The majority of the population lives in the southern part of the country, which is also home to 17 of Canada's largest cities. About 62.0% of the population lives in Quebec and Ontario, which make up an estimated 21.4% and 45.0% of establishments, respectively. Additionally, many pharmacies and drug stores locate their establishments in areas with high foot traffic, such as near shopping centres... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pharmacies & Drug Stores Industry?

This industry retails a range of prescription and over-the-counter medications, health and beauty items, toiletries and consumable goods directly to consumers on a walk-in basis. Industry companies may also provide basic health and photo processing services. The industry includes retail stores with a pharmacy, but excludes mail-order and online retailers, hospitals and clinics.

Industry Products
Branded prescription drugsOver-the-counter nonprescription medicationGeneric prescription drugs Other merchandise and photo processing services
 
Industry Activities
Preparing and selling prescription and nonprescription drugs and medicinesRetailing basic consumable goodsSelling other miscellaneous items, such as candy, cosmetics, magazines and light refreshmentsAdvising customers on the use of both prescription and over-the-counter drugs


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