Lumbering on: increasing disposable income and consumer confidence will cause revenue to increase

The Lumber and Building Stores industry in Ohio has benefitted from favorable macroeconomic conditions and growth in the housing market. As a result, over the five years to 2018, industry revenue is expected to grow at an annualized rate of 2.7% to $4.6 billion, including an increase of 0.3% in 2018. Over the same five-year period, housing starts in Ohio and the value of residential construction increased at annualized rates of 6.0% and 9.6%, respectively. This has led to increased demand from contractors and professionals hired by individuals typically to compete larger projects, such as complete homes, and individuals who are looking to take on a home improvement project...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Demand from contractors, professionals and individuals taking on home improvement projects has increased
  • Industry Report - Industry Key Buyers Chapter

    • Similar to the fragmented national industry, the Lumber and Building Material Stores industry in Ohio has a low level of market share concentration, due to the highly competitive nature of the industry.• The top four major companies are anticipated to account for less than 10.0% of industry revenue. Three out of the four companies are the same at the state and national level, however Carter Lumber is a regional player operating in only 12 states.• Indicative of the fragmentation in the industry, an estimated 68.1% of lumber and building store operators are anticipated to employ less than 10 workers, whereas an estimated less than 1.0% of operators employ more than 100 individuals...purchase to read more.

    Additional Insights for the Lumber & Building Material Stores in Ohio Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lumber & Building Material Stores in Ohio Industry are

  • Attractive product presentation
  • Ability to control stock on hand
  • Experienced workforce
  • IBISWorld analysts also discuss how external factors such as Housing starts in Ohio and Consumer Confidence Index in the Lumber & Building Material Stores in Ohio industry impact industry performance..

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    What's in this report

    What is the Lumber & Building Material Stores in Ohio Industry?

    This industry consists of stores and dealers (e.g. lumberyards) that retail building materials such as lumber, hardwood, stones and brick. This industry also supplies cabinets, floor coverings, roofing materials, electrical and plumbing goods, doors and windows to the construction market. The industry does not include home improvement centers, paint and wallpaper specialty stores or hardware stores.

    Industry Products
  • Lumber and other structural building materials
  • Hardware, tools, plumbing and electrical supplies
  • Doors, windows, flooring and roofing materials
  • Industry Activities
  • Retailing building materials
  • Retailing cabinets
  • Retailing ceiling fans
  • Retailing doors and windows
  • Retailing electrical supplies
  • Retailing fencing
  • Retailing floor coverings (wood or ceramic only)
  • Retailing lighting fixtures
  • Retailing masonry (e.g. block, brick and stone)
  • Retailing plumbing supplies
  • 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 Ohio
  • Consumer Confidence Index
  • Value of residential construction in Ohio
  • Private spending on home improvements
  • Price of sawmill lumber

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lumber & Building Material Stores in Ohio Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electricians
  • Masonry
  • Carpenters
  • Flooring Installers
  • Roofing Contractors
  • Fence & Swimming Pool Construction
  • Consumers

  • Key Selling Industries
  • Electrical Equipment Wholesaling
  • Lumber Wholesaling
  • Manufactured Home Wholesaling
  • Plumbing & Heating Supplies Wholesaling
  • Roofing, Siding & Insulation Wholesaling
  • Stone, Concrete & Clay Wholesaling

  • Products & Services
  • Lumber and other structural building materials
  • Hardware, tools, plumbing and electrical supplies
  • Doors, windows, flooring and roofing materials
  • Other
  • Chart: Lumber & Building Material Stores in Ohio Industry Products and Services Segmentation

  • Major Markets
  • Contractors
  • Consumers
  • Other
  • Chart: Major Market Segmentation for the Lumber & Building Material Stores in Ohio Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Lumber & Building Material Stores in Ohio

  • Basis of Competition
    Barriers to Entry
    84 Lumber Company, Builders FirstSource Inc., Carter Lumber, Lumber Liquidators,
  • Table: 84 Lumber Company - financial performance
  • Table: Builders FirstSource Inc. - financial performance
  • Table: Carter Lumber - financial performance
  • Table: Lumber Liquidators - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Lumber & Building Material Stores in Ohio 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 & Building Material Stores in Ohio Industry
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Value of Residential Construction in Ohio (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Do-It-For-Me (Difm)
  • A category of customers who purchase materials themselves and hire third parties or professionals to complete the projects.
  • Do-It-Yourself (Diy)
  • A category of customers that includes homeowners who purchase products and complete their own projects.
  • Professional Contractors
  • Professional remodelers, general contractors, repairmen and tradesmen.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Lumber & Building Material Stores in Ohio Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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 & Building Material Stores in Ohio:
    • 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 & Building Material Stores in Ohio 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 & Building Material Stores in Ohio, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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