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 - Starting a New Business Chapter
There is a moderate amount of barriers to entry into the Wood Panelling Manufacturing industry. Competition between operators in a given market can be significant and industry concentration is increasing, meaning there are fewer companies supplying more products to downstream customers. As industry concentration increases, it becomes more difficult for companies starting out in the industry to establish a foothold. Larger companies can benefit from economies of scale, producing greater quantities for lower per-unit costs that can be difficult to compete with for new entrants.
Capital investment for potential entrants can also act as a hurdle. Machinery for chipping wood, pressing boards and processing them through cooling, storage, sanding and sawing can be pricey... purchase to read more