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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 | Jul 2014

Nailing it: Revenue will rise, but heightened competition will hinder profit

IBISWorld’s Lumber & Building Material Stores 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
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Profit
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Employment
22,316
Businesses
2,983
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 - Starting a New Business Chapter

The Lumber and Building Material Stores industry exhibits low barriers to entry for prospective operators. New entrants do not need to meet licensing requirements or adhere to significant government regulation. Nevertheless, investment costs and high levels of competition can be challenging to firms that want to enter the industry.

The initial cost of establishing or purchasing a retail outlet and costs associated with building inventory can be high. Prospective operators may not be readily able to secure the necessary capital to purchase or lease space to establish a new store. Furthermore, new operators require a line of credit for the purchase of store inventory, which can be quite extensive... 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 structural building materialsHardware, tools, plumbing and electrical suppliesDoors and windowsFlooring and roofing materials
 
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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