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Cabinet & Vanity Manufacturing in Canada: Market Research Report

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

Cabinet & Vanity Manufacturing in Canada Market Research Report | NAICS 33711CA | Jul 2014

Detailed storage: An improving housing market will aid short-term industry recovery

IBISWorld’s Cabinet & Vanity Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
0.6%
Annual Growth 14-19
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Profit
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Employment
20,720
Businesses
1,755
Industry Analysis & Industry Trends

During the five years to 2014, the Cabinet and Vanity Manufacturing industry fared poorly in the five years to 2014 because of shattered consumer confidence in the economy and slow residential housing expenditures due to the recession. Additionally, the steadily strengthening Canadian dollar made it cheaper for consumers to purchase imported cabinets and wood furniture products, thus adding to the marginal revenue growth over the period. In the five years to 2019, the industry is expected to moderatly expand, due to the recovery of the domestic and US housing markets. However, import competition will continue to grow because of the appreciating Canadian dollar... purchase to read more

Industry Report - Industry Analysis Chapter

The Cabinet and Vanity Manufacturing industry is primarily comprised of wood cabinet, vanity and counter manufacturers. Industry products are primarily installed in kitchens and bathrooms, though products like wood cabinets may be used throughout residential houses. Because nearly all industry products are installed in residential homes, demand for industry products is heavily driven by residential housing market conditions. When the housing market is performing strongly, consumer and real estate developers are more likely to purchase and construct new homes, leading to greater demand for cabinets and vanities. Additionally, existing homeowners often remodel their homes with new cabinets and countertops, which aids demand and revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cabinet & Vanity Manufacturing Industry?

This industry manufactures kitchen cabinets, bathroom vanities and countertops that are primarily made of wood or wood coverings. Manufacturers distribute their products to wholesalers, contract outfitters and home improvement stores.

Industry Products
Kitchen cabinetsBathroom vanitiesCountertops and cabinet topsOther cabinetwork and accessories
 
Industry Activities
Manufacturing wood bathroom vanitiesManufacturing wood countertopsManufacturing wood cabinetsManufacturing other cabinets, vanities and countertops


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