Industry Analysis & Industry Trends
While the Canadian Lumber and Building Material Stores industry escaped the recession relatively unscathed, operators have faced a number of fundamental challenges over the past five years. Heightened competition and rising purchasing costs have cut into operators' profit margins and forced a number of smaller operators to merge to remain competitive. Over the next five years, private contractors will demand less industry products, slightly slowing revenue growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Lumber and Building Materials Stores industry has a low level of market concentration. The industry is highly fragmented, with no single operator having more than 5.0% of market share. The majority of industry businesses are privately owned, and they successfully supply the local demand in their communities. Larger operators tend to form out of collectives of independently owned retailers who band together in order to achieve competitive advantages by buying in volume or receiving special deals on transportation costs.
The industry is undergoing a period of consolidation as operators merge with other players in order to survive in and industry that is experiencing heightened external competition from big box and hardware stores... purchase to read more