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Lumber & Building Material Stores in Canada: Market Research Report

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

Lumber & Building Material Stores in Canada Market Research Report | NAICS 44419CA | Feb 2016

Nailing it: Industry revenue will slowly rise, but heightened competition will hinder profit

IBISWorld’s Lumber & Building Material Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
0.3%
Annual Growth 16-21
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Profit
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Employment
24,612
Businesses
3,025
Industry Analysis & Industry Trends

The Lumber and Building Material Stores industry has lumbered through the five years to 2016. Over the past five years, mixed performance from construction markets has caused industry revenue to stagnate. However, the industry is expected to slowly pick up over the next five years. As in the previous period, dynamics in construction-related industries is expected to heavily influence industry performance. While Canada's overheated housing market is unlikely to result in a dramatic crash, new home construction is anticipated to remain constrained moving forward. Nevertheless, while the cooling housing market tempers demand, an increase in renovation activity from homeowners is expected to boost industry evenue slightly... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Lumber and Building Material Stores industry is in the mature stage of its life cycle. Industry value added (IVA), which measures the industry's overall contribution to the economy, is expected to grow at an average of 2.1% over the 10 years to 2021, slightly faster than the Canadian economy, which is forecast to grow by 1.9% over the same period. IVA that falls closely with GDP growth usually indicates an established industry in the mature phase of its lifecycle.

There are a number of indications that the Lumber and Building Material Stores industry is in a mature phase... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Lumber & Building Material Stores Industry?

This industry retails building materials such as lumber, hardwood, stones and brick. This industry also supplies cabinets, floor coverings, roofing materials, electrical and plumbing goods, doors and windows to the construction market. The industry does not include home improvement centres, paint and wallpaper specialty stores or hardware stores.

Industry Products
Lumber and other wooden building materialsOther structural materials and suppliesHardware, tools, plumbing and electrical supplies
 
Industry Activities
Retailing building materialsRetailing cabinetsRetailing ceiling fansRetailing doors and windowsRetailing electrical suppliesRetailing fencingRetailing floor coverings (wood or ceramic only)Retailing lighting fixturesRetailing masonry (e.g. block, brick and stone)Retailing plumbing supplies


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