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 2021, 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... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Wood Panelling Manufacturing industry has a moderate level of concentration, with the four largest players accounting for an estimated 41.1% of industry revenue. The market share concentration of any given year can differ as players buy out other companies or sell off parts of their manufacturing facilities. Further, some of the largest players are vertically integrated, owning upstream sawmills and even timber harvesting operations that supply their own wood. For example, West Fraser Timber Co. is a one of the largest lumber producers in North America, but its wood panelling manufacturing operations make up only a small share of total company revenue. The majority of the companies in the industry are small- and medium-size players that serve more regional markets.
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