The Forestry and Logging industry's revenue is set to expand at a compound annual rate of 1.1% over the five years through 2023-24. There's been a wave of new forestry companies in the UK as government projects and the growing value of timber support the industry's expansion. The COVID-19 outbreak disrupted downstream demand for forestry and logging services as construction activity temporarily ground to a halt. However, the pandemic meant that domestic companies relied more on domestic logging operations than imports and the strong recovery in construction supported revenue growth.Building up: Revenue edges upwards in 2023-24, supported by growing construction activity
Companies in this industry are involved in a wide range of forestry and logging activities. These include growing standing timber in natural and planted forests; forest timber nursery operations; the logging and production of timber for wood-based manufacturing industries; the gathering of wild-growing, non-wood products, such as mushrooms, truffles, berries and nuts; and forestry support services, such as forestry inventories, management, consultancy, firefighting and pest control.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tilhill Forestry Ltd
- Scottish Woodlands Ltd
Methodology
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