$142.9bn
$XX.Xbn
128k
7,003
$XX.Xbn
The Lumber Wholesaling industry has experienced a slight decline over the past five years, as the industry has faced volatile economic conditions, supply chain disruptions and fluctuations in downstream construction markets. The lumber wholesaling industry's fortunes largely move with those of both the residential and nonresidential construction market and with the prevailing price of lumber, which saw significant growth in 2020 and 2021 and has since fallen, though has still seen overall growth over the past five years. Overall, industry revenue has dropped at an expected CAGR of 0.7% to $128.0 billion over the past five years, including an expected rebound of 2.3% in 2024 alone. <br />Over the past five years, interest rates have experienced notable fluctuations, which have directly affected demand for lumber and led to increased revenue volatility. In times of lower interest rates, like those seen in 2020 and 2021, the housing market experienced a significant boom, driving up demand for lumber and industry revenue. However, the subsequent rise in interest rates since 2022 has led to a contraction in the housing market, reducing new residential construction projects and dampening demand for lumber, resulting in reduced industry revenue. These cyclical changes highlight the relationship between interest rates, construction activity and demand for lumber.<br />As the Federal Reserve gradually lowers interest rates, which they are expected to begin to do in 2024, the housing market will expand, building demand for wholesale lumber. The industry will also benefit from growth in private nonresidential construction as corporate profit increases. Industry revenue is expected to grow at a CAGR of 2.2% to $143.0 billion over the next five years, but profit growth will be limited as market saturation increases price-based competition.
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated $142.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Bmc Stock Holdings, Inc. | 782.6 | 27.2 | 3.5 | |
Belletete's, Inc. | 3.4 | 0.4 | 11.0 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Wholesaling lumber and boards, Wholesaling wood millwork and Wholesaling plywood and panels. Wholesaling lumber and boards is the largest segment of the Lumber Wholesaling in the US.
Wholesaling lumber and boards lead the way
This industry distributes a range of lumber, plywood, millwork and wood panel products to contractors, home improvement stores and hardware stores. This industry also includes distributors of nonwood doors, windows and frames and distributors of metal millwork.
Purchase this report to view all 2 major companies in this industry.
NAICS 42331 - Lumber Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Interest rates heavily influence lumber demand. When rates were slashed during the pandemic, residential construction and lumber demand soared, but recent hikes have slowed t...
Learn about an industry's products and services, markets and trends in international trade.
Construction companies are a crucial downstream market for wholesalers. Demand from both residential and non-residential construction has contributed to revenue growth over t...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Nearby access to raw materials minimizes transportation costs. Wholesalers seek to minimize the cost of moving goods from upstream customers to downstream markets.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price-based competition is a hallmark of the industry. Retailers look for the lowest priced lumber products, and large wholesalers benefit from economies of scale.
Learn about the performance of the top companies in the industry.
Wholesalers operate on a regional or local basis. They specialize in a specific range of products and distribute them to their local or regional customer networks.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Tariffs limit competition from abroad. Duties on French doors, antidumping duties on Canadian lumber and other restrictions protect domestic wholesalers.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Significant volatility in downstream demand and key input prices has contributed to decreasing profit. As revenue has fallen over the past five years, increasing purchase cos...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Lumber Wholesaling in the US industry in United States is $142.9bn in 2024.
There are 7,003 businesses in the Lumber Wholesaling in the US industry in United States, which has declined at a CAGR of 0.7 % between 2019 and 2024.
The market size of the Lumber Wholesaling in the US industry in United States has been growing at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Lumber Wholesaling in the US industry in United States is expected to grow.
The biggest companies operating in the Lumber Wholesaling market in United States are Bmc Stock Holdings, Inc. and Belletete's, Inc.
Lumber and boards and Millwork are part of the Lumber Wholesaling in the US industry.
The company holding the most market share in United States is Bmc Stock Holdings, Inc..
The level of competition is high and steady in the Lumber Wholesaling in the US industry in United States.