Industry Analysis & Industry Trends
The Lumber and Building Material Stores industry has lumbered through the five years to 2016. Over the past five years, mixed performance from construction markets has caused industry revenue to stagnate. However, the industry is expected to slowly pick up over the next five years. As in the previous period, dynamics in construction-related industries is expected to heavily influence industry performance. While Canada's overheated housing market is unlikely to result in a dramatic crash, new home construction is anticipated to remain constrained moving forward. Nevertheless, while the cooling housing market tempers demand, an increase in renovation activity from homeowners is expected to boost industry evenue slightly... purchase to read more
Industry Report - Industry Analysis Chapter
The Lumber and Building Material Stores industry has lumbered through the five years to 2016. Industry retailers sell a variety of structural lumber, stone and brick, as well as cabinets, floor coverings, roofing materials, doors and windows. The industry primarily serves customers and contractors involved in building and remodelling-related activities, making industry performance heavily reliant on construction markets. Over the past five years, mixed performance from construction markets has caused industry revenue to nearly stagnate, increasing at an annualized rate of just 0.3% to total $4.2 billion.
Major market dynamics
Over the past five years, industry revenue has both benefited and suffered from dynamics within downstream construction markets... purchase to read more