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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 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
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 SWOT Analysis Chapter

The Cabinet and Vanity Manufacturing industry is in the declining stage of its life cycle. In the 10 years to 2019, industry value added (IVA), which measures an industry's contribution to the economy, is projected to slowly increase at an annualized rate of 1.0%. In comparison, Canada's GDP is forecast to grow at an annualized rate of 2.3% in the same period. As a result, this industry's importance to the overall economy is falling, which indicates a declining industry.

In recent years, domestic wood furniture manufacturers have been losing business to imports, especially from countries with low labour costs... 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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