Industry Analysis & Industry Trends
The Wood Panelling Manufacturing industry in Canada had some of its worst years in the five years up to and before 2009. Since then, however, the industry has slowly recovered in line with the economy. This trend will continue over the five years to 2019, albeit at a slightly faster rate... 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 firms 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