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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 2017

Chopped wood: Demand for industry products is expanding in line with the recovering housing sector

IBISWorld’s Wood Panelling Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 12-17
6.0%
Annual Growth 17-22
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Profit
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Employment
17,205
Businesses
499
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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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
Hardwood veneer and plywoodSoftwood 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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