Establishments primarily engaged in manufacturing miscellaneous wood products, not elsewhere classified, and products from rattan, reed, splint, straw, veneer, veneer strips, wicker, and willow.
The wood products industry, specifically NAICS 2499, has been experiencing significant qualitative trends driven by various market demands and technological advancements. One prominent trend is the increased emphasis on sustainable and eco-friendly practices. Companies are increasingly incorporating recycled materials and sustainable forestry practices to meet consumer demand for environmentally responsible products. This focus is expected to intensify as regulations and consumer awareness grow.
Another key trend is the adoption of advanced manufacturing technologies. Automation and digital tools like CNC machining, 3D printing, and AI-driven analytics are being leveraged to enhance precision, reduce waste, and improve overall efficiency. This trend is forecasted to continue growing as companies seek to maintain competitiveness and adapt to changing market conditions.
There is also a noticeable shift towards customization and personalization. Customers are increasingly looking for unique, tailor-made products, putting pressure on manufacturers to offer more flexible production options. This trend is anticipated to expand as consumer preferences evolve and the demand for bespoke wood products increases.
Additionally, the industry is witnessing a rise in the demand for engineered wood products, such as cross-laminated timber (CLT) and laminated veneer lumber (LVL). These products are prized for their enhanced strength, stability, and sustainability. The market for engineered wood is expected to grow steadily as construction industries and green building initiatives promote their use.
In the near future, the wood products industry is likely to see continued innovation in material science, leading to the development of new wood composites and treatment methods that enhance durability and resistance to environmental factors. Overall, the combination of sustainability, technological integration, and customization is shaping the current landscape and future trajectory of the wood products sector.
Applicators, wood
Bakers'equipment, wood
Baskets, except fruit, vegetable, fish, and bait: (e.g., rattan, reed,
Battery separators, wood
Bearings, wood
Beekeeping supplies, wood
Bentwood (steam bent) products, except furniture
Blocks, tackle: wood
Blocks, tailors'pressing: wood
Boards, bulletin: wood and cork
Boards- clip, ironing, meat, and pastry-wood
Boot and shoe lasts, regardless of material
Bowls, wood: turned and shaped
Briquettes, sawdust or bagasse: non-petroleum binder
Bungs, wood
Buoys, cork
Bushings, wood
Cane, chair: woven of reed or rattan
Carpets, cork
Cloth winding reels, wood
Clothes dryers (clothes horses), wood
Clothes drying frames, wood
Clothes pins, wood
Clubs, police: wood
Cooling towers, wood or wood and sheet metal combination
Cork products
Corks, bottle
Covers, bottle and demijohn: willow, rattan, and reed
Curtain stretchers, wood
Dishes, wood
Display forms for boots and shoes, regardless of material
Dowels, wood
Extension planks, wood
Faucets, wood
Fellies, wood
Fencing, wood: except rough pickets, poles, and rails
Firewood and fuel wood containing fuel binder
Flour, wood
Frames: medallion, mirror, photograph, and picture-wood or metal
Furniture inlays (veneers)
Garment hangers, wood
Gavels, wood
Grain measures, wood: turned and shaped
Hammers, meat: wood
Hampers, laundry: rattan, reed, splint, veneer, and willow
Handles, wood: turned and shaped
Hubs, wood
Insulating materials, cork
Jacks, ladder: wood
Knobs, wood
Ladders, wood
Last sole patterns, regardless of material
Letters, wood
Life preservers, cork
Mallets, wood
Market baskets, except fruit and vegetable: veneer and splint
Marquetry, wood
Mashers, potato: wood
Masts, wood
Mauls, wood
Moldings, picture frame: finished
Novelties, wood fiber
Oars, wood
Pads, table: rattan, reed, and willow
Paint sticks, wood
Pencil slats
Plugs wood
Poles wood: e.g., clothesline, tent, flag
Pressed logs of sawdust and other wood particles, non-petroleum
Pulleys, wood
Racks, for drying clothes: wood
Rattan ware, except furniture
Reed ware, except furniture
Reels cloth winding wood
Reels for drying clothes: wood
Reels, plywood
Rollers, wood
Rolling pins, wood
Rules and rulers: wood, except slide
Saddle trees, wood
Sawdust, reground
Scaffolds, wood
Scoops, wood
Seat covers, rattan
Seats, toilet: wood
Shoe stretchers, regardless of material
Shoe trees, regardless of material
Signboards, wood
Skewers, wood
Snow fence
Spars, wood
Spigots, wood
Spokes, wood
Spools, except for textile machinery: wood
Stakes, surveyors': wood
Step-ladders, wood
Stoppers, cork
Tile, cork
Tool handles, wood: turned and shaped
Toothpicks, wood
Trays: wood, wicker, and bagasse
Trophy bases, wood
Vats, wood: except coopered
Washboards, wood and part wood
Webbing: cane, reed, and rattan
Willow ware, except furniture
Wood, except furniture: turned and carved
Woodenware, kitchen and household
Yardsticks, wood
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.