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 SWOT Analysis Chapter
The Wood Panelling Manufacturing industry is in the mature stage of its life cycle. There is little product development and industry product offerings have a well-established use in downstream construction and furniture manufacturing industries. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to grow at an annualized rate of 1.6% over the 10 years to 2020, similar to the 2.2% annualized growth expected from Canada's GDP over the same 10-year period.
Aside from IVA, other signs point to this industry's being in the mature stage of its life cycle. Companies in the industry are becoming collectively fewer but individually larger... purchase to read more