Wood Product Manufacturing
Companies in this industry manufacture dimensional lumber; veneers, plywood, engineered wood members, or reconstituted wood products; wood windows and doors, wood flooring, or other millwork; wood containers; pallets; prefabricated wood buildings; or manufactured homes. Major companies include Andersen, Cavco, and Weyerhaeuser (all based in the US), as well as Sekisui House (Japan), Stora Enso (Finland), Svenska Cellulosa (Sweden), and West Fraser Timber (Canada).
The global forest products industry, which includes wood product manufacturing, was projected to reach a value of more than $1 trillion in 2018, with growth of more than 5% per year, according to MarketLine. Top global producers of timber and manufactured wood products include Brazil, Canada, China, India, and the US.
The US wood product manufacturing industry includes about 14,000 companies with combined annual revenue of about $100 billion.
Demand is closely tied to the level of home construction. The profitability of individual companies depends on efficient operations, because many products are commodities. Large companies enjoy economies of scale in purchasing. Small companies can often compete successfully by focusing on a local market.
Overall, the US industry is fragmented: the top 50 companies account for about 35% of industry revenue. However, some segments of the industry are concentrated, including plywood and veneers, wood windows and doors, and manufactured housing.
Products, Operations & Technology
Major products include lumber (30% of industry revenue); wood windows, doors, flooring, and other millwork (25%); plywood, veneers, and engineered wood
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms