Industry Analysis & Industry Trends
After a highly volatile period of significant growth and decline, the industry is poised to make a comeback over the next five years. The residential construction market is set to revive, boosting demand for wood paneling again. However, significant import competition will continue to threaten the industry as China produces more wood paneling... purchase to read more
Industry Report - Industry Investment Chapter
The Wood Paneling Manufacturing industry has a medium level of capital intensity. In 2012, for every $1.00 spent on wages, the industry is expected to invest $0.29 in capital. Capital intensity declined slightly over the past five years. Capital investment in the industry is mainly in computer systems, distribution trucks, saws and kilns. However, the industry relies heavily on labor to make its products. Over the past decade, operators increasingly invested in technological improvements to improve employee efficiency and reduce their labor requirements. Furthermore, with the downturn in the housing market reducing demand for engineered wood products, employee layoffs have been common... purchase to read more