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Wood Panelling Manufacturing in Canada: Market Research Report

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

Wood Panelling Manufacturing in Canada Market Research Report | NAICS 32121CA | Feb 2016

Chopped wood: Demand for industry products is expanding in line with the recovering housing sector

IBISWorld’s Wood Panelling Manufacturing 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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
7.1%
Annual Growth 16-21
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Profit
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Employment
19,188
Businesses
466
Industry Analysis & Industry Trends

Revenue for the Wood Panelling Manuacturing industry has trended largely in line with the performance of downstream manufacturing and construction industries. In the five years to 2020, the industry is expected to continue along the same trajectory. Construction activity in both Canada and the United States, a main source for industry exports, will continue rebounding and lead to increased demand for industry products. Furthermore, the Canadian dollar is expected to remain weak compared to the US dollar, making industry products more affordable for US buyers... purchase to read more

Industry Report - Industry Products Chapter

Veneer and plywood

Veneer and plywood, which can be made of both softwood and hardwood, account for the largest share of industry sales at 31.2% revenue. Softwood is typically the wood from trees that grow more quickly and in warmer climates. Hardwood, which grows more slowly in colder climates, has a much more solid composition. Veneer refers to very thin slices of wood that are attached to reconstituted wood products to produce flat panels with a uniform surface. Plywood products are thin sheets of wood glued together to form a more a durable sheet than a single piece, because they are more resistant to cracking, shrinking and warping. Sales of veneer and plywood have remained fairly steady over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wood Panelling Manufacturing Industry?

The industry manufactures veneer or plywood, engineered wood or reconstituted wood products. The industry does not include companies that primarily engage in sawmilling or wood preservation, nor does it include companies that primarily produce dimensions stock.

Industry Products
Veneer and plywoodStructural wood productsParticleboard and fibreboardWaferboard
 
Industry Activities
PlywoodReconstituted wood products (including sheets and boards)Plastic-faced plywoodOriented strand board (OSB)Medium-density fibreboard (MDF)Laminated structural wood membersFabricated structural wood membersParticleboardRoof trusses


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