This industry profile provides a five-year forecast for Canada’s Furniture Industry.
Canada’s Furniture Products Manufacturing Industry: Industrial Profile Summer 2015
Canada’s Furniture Products Manufacturing Industry: Industrial Profile Summer 2015
Industry Economic Analysis
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- U.S. Housing Market—Continued recovery in the U.S. housing market should drive Canadian furniture exports.
- Input Costs—Prices for key industry inputs, including reconstituted wood products and steel products, have weakened over the past year, supporting industry profitability.
- Domestic Housing Market—In spite of recent strength in housing starts, the Canadian housing market is expected to cool. This could dampen demand for furniture products in the near term.
