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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - 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

 


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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