Webster’s defines industry as “economic activity concerned with the processing of raw materials and manufacture of goods in factories.”
Small- to mid-sized shops don’t necessarily fit that definition, but it’s not a stretch to consider them part of the woodworking industry.
So, as a woodworker, I’m slightly offended when “industries” are misidentified. For example, the insurance or drug industry.
I had a friend who likened the insurance business to the Nevada casinos. He proposed that buying insurance was like making a bet that something would go wrong. The insurance company, knowing that you would do everything in your power to avoid that “something”, was happy to offer odds.