Lumber and other construction materials merchant wholesalers (NAICS 423310) industry trends
The lumber and other construction materials merchant wholesalers industry includes lumber, plywood, millwork, wood panel, brick, stone, roofing, siding and insulation material merchant wholesalers. Lumber, plywood, millwork and wood panel merchant wholesalers sell lumber, plywood, wood fiber products, wood fencing, doors and windows for frames and wood millwork. Brick, stone and related construction material merchant wholesalers sell stone, cement, lime, construction sand, gravel and concrete. Roofing, siding and insulation material merchant wholesalers sell non-wood roofing and non-wood siding and insulation materials. Examples of merchant wholesalers in this industry are flat glass merchant wholesalers, wire fencing merchant wholesalers and ornamental ironwork merchant wholesalers.
The Census Bureau’s most recent data indicates that there are approximately 19,662 firms within this industry. The majority of wholesalers within this industry are lumber, plywood, millwork and wood panel merchant wholesalers.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 3.16 percent. During this time, the average gross profit margin was 24.61 percent.
The graph below shows business statistics for the average company in the lumber and other construction materials merchant wholesalers industry.