Tales of vanity: Industry growth will likely be hindered by rising imports
Abstract
Cabinet & Vanity Manufacturing in Canada The Cabinet and Vanity Manufacturing industry in Canada is expected to grow over the five years to 2019. At the beginning of the five-year period, demand for industry products faltered as residential housing expenditure and consumer confidence lagged due to the overbuilding of multifamily housing units. However, the subsequent strengthening of economic conditions spurred a recovery in downstream demand from the construction sector in both Canada and the United States, which are the primary destinations for industry exports, increasing demand for cabinets and countertops for new homes and renovated properties. Over the five years to 2024, the industry is anticipated to experience a marginal increase in revenue. Policies meant to curb speculative real estate activity have been implemented at the government’s federal and provincial levels, which will reduce demand for industry products.
The Cabinet and Vanity Manufacturing industry in Canada manufactures kitchen cabinets, bathroom vanities and countertops that are primarily made of wood or wood coverings. Manufacturers distribute their products to wholesalers, contract outfitters and home improvement stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Our reports have been used by over 10K customers, including:
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Construction Adhesives Market Report The growth of the Construction Adhesives market can be amplified by the increasing adoption of construction adhesives in multiple applications such as flooring, housing, countertop, drywall lamination,...
The sandwich panel market was valued at US$ 2,711.11 million in 2021 and is projected to reach US$ 4,256.62 million by 2028; it is expected to grow at a CAGR of 6.7% from 2021 to 2028. Sandwich panels provide effective solutions for insulation and temperature control, as well as meet the aesthetic requirements. These panels are extensively...
The global hygroscopic building material market size is projected to grow from USD 818 million in 2022 to USD 1,120 million by 2026, at a CAGR of 6.5% between 2022 and 2027. Rising demand from emerging markets and growth of construction industry globally are expected to offer significant growth opportunities to manufacturers of hygroscopic...
The global building insulation market in 2021 was valued at US$28.38 billion, and is likely to reach US$33.00 billion by 2026. Building insulation serves in keeping heated interior spaces warmer in the winter and air-conditioned spaces cooler in the summer. Reducing thermal energy transfer not only makes places more pleasant, but it is also...
Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2022-2026 Summary Having made good progress in recovering from the severe downturn recorded in 2020 amid the widespread disruption caused by restrictions imposed to contain the spread of COVID-19, the global construction...
The medium density fiberboard (MDF) market size was estimated at more than 100 million cubic meters in 2021, and the market is projected to register a CAGR of greater than 3.5% during the forecast period (2022-2027). The market was negatively impacted by COVID-19 in 2020. According to the Associated General Contractors of America (AGC),...
The global floor grinding tools market size is projected to grow from USD 124 million in 2022 to USD 155 million by 2027, at a CAGR of 4.5% from 2022 to 2027. The growth of the floor grinding tools market is attributed to their high demand in griding, polishing and burnishing applications. Demand for commercial spaces such as offices, shopping...
326 pages •
By Asia Market Information & Development Company
• Mar 2022
China’s demand for Boilers and Accessories has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
290 pages •
By Asia Market Information & Development Company
• Mar 2022
China’s demand for Mineral Raw Materials has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The prefabricated buildings industry (henceforth, referred to as the market studied) was valued at USD 2,873.96 million in 2021 and is expected to reach USD 4,695.46 million by 2027, registering a growth rate of 8.53% during the forecast period. COVID-19 has caused considerable economic damage. The nationwide lockdown globally has...
Construction
Saudi Arabia
Building Permits
Employment Costs
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.