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 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 3.4%, slightly faster than the Canadian economy, which is forecast to grow by 2.4% over the same period. Although an IVA that outpaces economy-wide GDP growth usually indicates an emerging or growing industry, in this case, it simply reflects the industry's recovery after its slight retraction in growth during the recession.
There are a number of indications that the Lumber and Building Material Stores industry is in a mature phase... purchase to read more