Millwork in Canada
The Millwork industry in Canada manufactures products such as wooden windows, doors and flooring products, in addition to lumber cut to specific shapes and dimensions. Industry products are used primarily in construction products, and as a result, industry revenue is closely tied to downstream construction markets. Demand from the US construction sector played a vital role in industry performance during most of the reporting period. Due to high levels of household debt and likely continued increases in interest rates over the five years to 2024, housing construction is estimated to remain slow during the outlook period, tempering demand for new building products. However, home improvement spending is expected to continue exhibiting growth.
This industry manufactures hardwood and softwood cut stock and dimension stock timber, such as lumber and worked wood products cut or shaped into specialized sizes; wood windows and doors; and other millwork, such as wood flooring. These reshaped wood products are mainly sold to housing and other building construction industries and their contractors, in addition to wood product distributors.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook