Lumber Wholesaling in the US
Despite the presence of several buyers, residential construction and retailers remain the single largest sources of demand for the Lumber Wholesaling industry. Improved downstream demand has caused an increase in lumber prices, raising selling prices and buoying both revenue and profit over the five-year period. However, despite improving demand conditions, the overall number of companies in the industry has fallen, triggered by the exit of numerous small-scale operators and consolidation among the larger and more successful incumbents. Nevertheless, the industry remains highly fragmented with a low market share concentration. The majority of lumber wholesalers still work alone or employ fewer than five people and operate within a localized radius. The Lumber Wholesaling industry is expected to continue its growth over the next five years in line with positive construction market conditions. In turn, construction markets will be fueled by rising disposable incomes and improving business confidence.
This industry distributes a range of lumber, plywood, millwork and wood panel products to contractors, home improvement stores and hardware stores. The industry does not include wholesalers that distribute nonwood roofing and siding materials, nor does it include establishments that distribute timber and timber products, such as railroad ties, logs, firewood and pulpwood. However, it does include distributors of nonwood doors, windows and frames and distributors of metal millwork.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.