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Sawmills & Wood Production in Canada - Industry Market Research Report

Sawmills & Wood Production in Canada - Industry Market Research Report
  • Publish Date:September 2023

  • Number of Pages:40

  • Report ID:4564005

  • Format:PDF

  • Publisher:Ibisworld

$ 875


Lumbering on: The industry benefits from growing demand for lumber


Sawmills & Wood Production in Canada
Sawmill and wood producers in Canada have experienced revenue growth throughout 2023. The industry has experienced complicated operating conditions due to the lingering effects of several wildfires in the area and the spread of COVID-19. The industry has experienced strong demand from key downstream consumers during most of the period, such as the US housing market, which is the largest buyer of industry goods. But increased operating costs related to a fibre shortage and volatile exports are expected to reduce industry profit. Profit, measured as earnings before interest and taxes, is expected to decrease, accounting for 7.2% in 2023. While volatile downstream demand and difficult operating conditions toward the end of the period have somewhat constrained growth, industry revenue is still forecast to rise at a CAGR of 4.1% over the past five years and is expected to total $28.4 billion in 2023, when revenue will fall by an estimated 7.0%.

The Sawmills and Wood Production industry in Canada manufactures a range of wood products, including boards; rough, dressed or dimension lumber; fuelwood; timber; poles; and ties, from logs and bolts. The industry also includes enterprises that preserve wood.

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.

Table of contents

Industry Definition
Main Activities
Similar Industries
Additional Resources


Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle



Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.