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There are xx businesses in the Pharmacies & Drug Stores industry in Canada, which is expected to grow at xx% over the next five years. Pharmacies and Drug Stores in Canada retail a range of prescription and over-the-counter drugs and medications, health and beauty items, toiletries and consumable goods directly to consumers on a walk-in basis. Stores 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.
Curious about what drives these trends? IBISWorld's Pharmacies & Drug Stores in Canada industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 20,238 Pharmacies & Drug Stores in Canada businesses as of 2026, an increase of 3.2% from 2025.
The number of Pharmacies & Drug Stores in Canada businesses has grown 3.9% per year on average over the five years between 2021 and 2026.
See our full analysis of the Pharmacies & Drug Stores in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Pharmacies & Drug Stores in Canada has moderate market share concentration and the largest business is Shoppers Drug Mart Corporation.