SIC 5211 - Lumber And Other Building Materials Dealers
Establishments engaged in selling primarily lumber, or lumber and a general line of building materials, to the general public. While these establishments may sell primarily to construction contractors, they are known as retail in the trade. The lumber which they sell may include rough and dressed lumber, flooring, molding, doors, sashes, frames, and other millwork. The building materials may include roofing, siding, shingles, wallboard, paint, brick, tile, cement, sand, gravel, and other building materials and supplies. Hardware is often an important line sold by retail lumber and building materials dealers. Establishments which do not sell to the general public and those which are known in the trade as wholesale are classified in Wholesale Trade, Industry Group 503.
Industry trends:
The NAICS 5211 industry, comprising Lumber and Other Building Materials Dealers, has been experiencing notable shifts influenced by various market dynamics. One significant qualitative trend is the increasing focus on sustainability and eco-friendly products. Consumers and builders alike are showing a preference for materials that have lower environmental impacts, such as sustainably sourced lumber and recycled building materials.
Another trend is the integration of technology and digitization within the industry. Many dealers are adopting e-commerce platforms, augmented reality (AR) for virtual showroom tours, and inventory management software to enhance the customer experience and streamline operations. This move is accelerated by the growing demand for convenience and the shift toward online shopping.
Supply chain disruptions, partly due to the COVID-19 pandemic and geopolitical factors, have also shaped the industry by emphasizing the need for more resilient and diversified supply chains. Dealers are investing in better logistics and local sourcing to mitigate risks associated with global dependencies.
Forecasts for the near future suggest that these trends will continue to solidify. The push for sustainability is likely to intensify, driven by stricter regulations and heightened consumer awareness. Technological advancements will further embed themselves in the industry, increasing efficiency and customer engagement. Overall, adaptability will be key for dealers to thrive amidst these evolving trends.
This industry is comprised of:
Brick and tile dealers-retail
Building materials dealers-retail
Buildings, prefabricated-retail
Cabinets, kitchen: to be installed-retail
Concrete and cinder block dealers-retail
Doors-retail
Fencing dealers-retail
Flooring, wood-retail
Garage doors-retail
Insulation material, building-retail
Lime and plaster dealers-retail
Lumber and building materials dealers-retail
Lumber and planing mill product dealers-retail
Millwork and lumber dealers-retail
Paneling-retail
Roofing material dealers-retail
Sand and gravel dealers-retail
Storm windows and sash, wood or metal-retail
Structural clay products-retail
Wallboard (composition) dealers-retail
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- Net Sales
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- Total Assets
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