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Wood Panelling Manufacturing in Newfoundland

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NL32121CA

Wood Panelling Manufacturing in Newfoundland industry analysis

Revenue for the Wood Panelling Manufacturing industry in Newfoundland And Labrador is expected to decline an annualized -x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x%. The number of industry establishments is forecast to decline -x.x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Wood Panelling Manufacturing in Newfoundland Market Research Report

What’s Included in the Wood Panelling Manufacturing in Newfoundland Market Research Report

Definition of the Wood Panelling Manufacturing in Newfoundland?

The Wood Panelling Manufacturing industry in Canada manufactures veneer or plywood, engineered wood or reconstituted wood products. The industry does not include companies that primarily engage in sawmilling or wood preservation, nor does it include companies that primarily produce dimensions stock.

What’s included in the Wood Panelling Manufacturing in Newfoundland?

The Wood Panelling Manufacturing in Newfoundland includes plywood manufacturing, reconstituted wood products manufacturing (including sheets and boards), plastic-faced plywood manufacturing, oriented strand board (osb) manufacturing, medium-density fibreboard (mdf) manufacturing, laminated structural wood members manufacturing, fabricated structural wood members manufacturing, particleboard manufacturing and roof trusses manufacturing. Related terms covered in the Wood Panelling Manufacturing in Newfoundland industry report includes a product made by layering strands or flakes of wood across various orientations and compressing them with resin, thinly slices pieces of wood that are glued to plywood, fibreboard and particleboard panels and a product made by gluing together slices of wood at right angles against their grain to increase strength and uniformity.

Industry Performance of the Wood Panelling Manufacturing industry in Newfoundland

Benchmark the Wood Panelling Manufacturing in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Wood Panelling Manufacturing in Newfoundland

#9 in Highest Revenue 1.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Wood Panelling Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Wood Panelling Manufacturing industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, canadian effective exchange rate index, value of residential construction and value of nonresidential construction are impacting Wood Panelling Manufacturing in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Canadian effective exchange rate index
Value of residential construction
Value of nonresidential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Wood Panelling Manufacturing industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Wood Panelling Manufacturing in Newfoundland, such as St. John's and Bay Roberts. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Wood Panelling Manufacturing industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Wood Panelling Manufacturing industry in Newfoundland in 2025?

The market size of the Wood Panelling Manufacturing industry in Newfoundland is $188.1m in 2025.

How many businesses are there in the Wood Panelling Manufacturing industry in Newfoundland in 2025?

There are 9 businesses in the Wood Panelling Manufacturing industry in Newfoundland, which has been declining at an average annual rate of -5.6% from 2020 to 2025.

Has the Wood Panelling Manufacturing industry in Newfoundland grown or declined over the past 5 years?

The market size of the Wood Panelling Manufacturing industry in Newfoundland has been declining at an average annual rate of -2.0% from 2020 to 2025.

How many employees in the Wood Panelling Manufacturing industry in Newfoundland in 2025?

There are 181 employees in the Wood Panelling Manufacturing industry in Newfoundland, which has been declining at an average annual rate of -8.9% from 2020 to 2025.