The industry's performance is largely determined by residential construction activity, remodeling activity and consumer expenditure. While the industry was greatly hampered by slowed housing starts and low consumer spending, demand for industry products is projected to pick up as the economy recovers in the coming years. In particular, the improving construction market will aid industry demand and bolster revenue growth. Still, substitutes will still pose a threat, as materials like plastic and metal are used in place of miscellaneous wood products.
This industry manufactures the wood products not produced by sawmills or by manufacturers of veneer, engineered wood, millwork and mobile homes. Therefore, industry products are miscellaneous. They include wood ladders, cabinets, kitchenware, broom handles, kiln-dried lumber, reels and toothpicks.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.