Building up: Housing starts will increase, driving up industry revenue

The Lumber Wholesaling industry in Massachusetts has grown relatively strongly over the past five years. Industry operators distribute a variety of building products, focusing on lumber, plywood panels and millwork products. Demand for the industry is determined primarily by residential construction activity; single-family homes are the largest single end use for lumber, so sales are closely correlated with housing starts. Over the five years to 2018, housing starts in Massachusetts are expected to increase at an annualized rate of 4.5%. Although the industry chiefly benefits from residential construction demand, it also distributes building products to commercial projects. It has therefore also benefited from 8.8%...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
3.7%
Forecast Growth 18-23
Profit
Employment
2,691
Businesses
176

Industry Threats & Opportunities

  • The industry’s product offerings are stagnant and since lumber is hard to differentiate, price competition is intense
  • Industry Report - Industry Locations Chapter

    The geographic distribution of establishments in the Lumber Wholesaling industry in Massachusetts loosely follows the distribution of the state's residents. Lumber wholesalers benefit from being close to construction markets, which are concentrated in high-population areas. This is particularly true for the industry since most lumber is used in residential construction, and the industry does relatively little business with commercial or industrial projects. As a result, the regions of the state where the industry is most concentrated are also its most populous. The North Shore leads the state industry with 26.6% of establishments, compared with 34.8% of the population. It is followed by Greater Boston (25.0% of establishments and 21.7% of the population); Southern Massachusetts (18.8% o...purchase to read more.

    Additional Insights for the Lumber Wholesaling in Massachusetts Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lumber Wholesaling in Massachusetts Industry are

  • Guaranteed supply of key inputs
  • Ability to control stock on hand
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Housing starts in Massachusetts and Value of private nonresidential construction in Massachusetts in the Lumber Wholesaling in Massachusetts industry impact industry performance..

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    What's in this report

    What is the Lumber Wholesaling in Massachusetts Industry?

    This industry distributes a range of lumber, plywood, millwork and wood panel products to contractors, home improvement stores and hardware stores. The industry does not include wholesalers that distribute nonwood roofing and siding materials, nor does it include establishments that distribute timber and timber products, such as railroad ties, logs, firewood and pulpwood. However, it does include distributors of nonwood doors, windows and frames and distributors of metal millwork.

    Industry Products
  • Lumber and boards
  • Plywood panels
  • Millwork
  • Industry Activities
  • Wholesaling lumber and boards
  • Wholesaling millwork
  • Wholesaling soft plywood and oriented strand board
  • Wholesaling other wood panel products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts in Massachusetts
  • Value of private nonresidential construction in Massachusetts
  • Demand from lumber and building material stores
  • Price of sawmill lumber

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lumber Wholesaling in Massachusetts Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Carpenters
  • Hardware Stores
  • Lumber & Building Material Stores
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Millwork
  • Sawmills & Wood Production
  • Wood Paneling Manufacturing

  • Products & Services
  • Millwork
  • Lumber and boards
  • Other
  • Plywood panels
  • Chart: Lumber Wholesaling in Massachusetts Industry Products and Services Segmentation

  • Major Markets
  • Retailers
  • Other wholesalers
  • Construction
  • Manufacturers and other
  • Chart: Major Market Segmentation for the Lumber Wholesaling in Massachusetts Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Lumber Wholesaling in Massachusetts

  • Basis of Competition
    Barriers to Entry
    American Builders & Contractors Supply Company Inc., Belletetes Inc., Bellingham Lumber, Robert Bury & Company,
  • Table: American Builders & Contractors Supply Company Inc. - financial performance
  • Table: Belletetes Inc. - financial performance
  • Table: Bellingham Lumber - financial performance
  • Table: Robert Bury & Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Lumber Wholesaling in Massachusetts Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Lumber Wholesaling in Massachusetts Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Price of sawmill lumber (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fiberboard
  • An engineered wood product made from combining wood fibers, resins and adhesive agents. Common types include particleboard, medium-density fiberboard and hardboard.
  • Millwork
  • Woodwork such as doors, windows, flooring and dimension stock.
  • Molding
  • An ornamentally shaped outline used as an architectural feature, used to cover transitions between surfaces or for decorative purposes. Traditionally made from solid milled wood.
  • Plywood
  • An engineered wood product consisting of thin sheets of wood (i.e. plies or wood veneers), layered to varying thickness and widely used for flexibility and strength.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Lumber Wholesaling in Massachusetts can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Lumber Wholesaling in Massachusetts:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Lumber Wholesaling in Massachusetts market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Lumber Wholesaling in Massachusetts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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