Fitting to size: Industry revenue is likely to slow in line with construction activity

Construction activity and the number of residential property transactions increased over the past five-year period, which has supported industry demand. Furniture manufacturing and wooden container manufacturing activity also rose over the period, supporting revenue and boosting demand as these are important markets for the industry. Technological advances, the introduction of new products and new revenue streams have also supported industry growth to some extent. However, rising import competition and growing competition from substitute products curtailed expansion. Industry performance was also affected by volatility in the price of timber. Revenue is expected to increase at a compound annual rate of 3.2% over the five years through more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Technological advances, new products and new revenue streams have contributed to growth
  • Operators have benefited from technological developments and automation in industry activities
  • Investment in housing projects and growing construction activity are forecast to support growth
  • Industry Report - Industry Key Buyers Chapter

    The Sawmilling and Wood Planing industry exhibits a low level of market share concentration, as the four largest industry operators are estimated to account for 27.8% of revenue in the current year. The market share concentration has increased slightly in recent years due to the changing composition of the industry. BSW Timber Ltd and James Jones & Sons Ltd are the only two enterprises with a market share greater than 5%. All other players operating in the industry have individual market shares of less than 3.5% and cannot individually exert any significant influence on the industry as a whole.The industry is comprised of several small and medium enterprises operating within narrow regional markets, usually in close proximity to forests. Acc...purchase to read more.

    Additional Insights for the Sawmilling & Wood Planing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sawmilling & Wood Planing Industry are

  • Ability to accommodate environmental requirements
  • Upstream vertical integration (ownership links)
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from commercial building construction in the Sawmilling & Wood Planing industry impact industry performance..

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    What's in this report

    What is the Sawmilling & Wood Planing Industry?

    Firms in this industry saw and plane wood in preparation for use in construction, furniture and unassembled flooring manufacturing, heating, power generation, fencing, pallets and as railway sleepers. Kiln drying timber and impregnating wood with preservatives and other chemicals activities are also included in the industry.

    Industry Products
  • Structural sawnwood timber
  • Joinery sawnwood timber
  • Hardwood timbers (veneers and furniture)
  • Fencing and outdoor timber
  • Timber for pallets and packaging
  • Industry Activities
  • Sawing, planing and machining wood
  • Drying of wood (naturally or in a kiln)
  • Impregnation or chemical treatment of wood with preservatives or other substances
  • Slicing, peeling and chipping logs
  • wooden railway sleepers
  • unassembled wooden flooring
  • wood wool, wood chip, wood flour and particles
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from commercial building construction
  • Demand from office and shop furniture manufacturing
  • Demand from wooden container manufacturing
  • Real effective exchange rate

  • Current Performance
  • Construction growth
  • Demand and developments
  • External competition
  • Market structure

    and profit

  • Chart: Revenue Growth

  • Industry Outlook
  • Residential growth
  • Non-residential growth
  • Other opportunities
  • Future challenges
  • Market structure
  • Table: Sawmilling & Wood Planing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sawmilling & Wood Planing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Veneer Sheet & Wood-Based Panel Manufacturing
  • Carpentry & Joinery Product Manufacturing
  • Wooden Container Manufacturing
  • Construction

  • Key Selling Industries
  • Forestry & Logging
  • Organic Basic Chemical Manufacturing
  • Pesticide & Other Agrochemical Manufacturing

  • Products & Services
  • Structural sawnwood timber
  • Joinery sawnwood timber
  • Fencing and outdoor timber
  • Timber for pallets and packaging
  • Other
  • Hardwood timbers (veneers and furniture)
  • Chart: Sawmilling & Wood Planing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Timber wholesalers and merchants
  • Downstream wood product manufacturers
  • Exports
  • Direct sales
  • Residue for woodchips
  • Chart: Major Market Segmentation for the Sawmilling & Wood Planing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Sawmilling & Wood Planing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sawmilling & Wood Planing Industry

  • Industry Globalization
    BSW Timber Ltd, James Jones & Sons Ltd,
  • Table: BSW Timber Ltd - financial performance
  • Table: James Jones & Sons Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Sawmilling & Wood Planing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sawmilling & Wood Planing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Trees, such as pines and firs, that bear cones and have evergreen needle-like leaves. Conifers are the key source of softwood and are rich in resins.
  • Hardwood
  • This wood comes from broadleaf or angiosperm trees. The category includes wood from many different species. It may not be harder than softwood varieties.
  • Softwood
  • Wood that comes from coniferous trees.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sawmilling & Wood Planing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sawmilling & Wood Planing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sawmilling & Wood Planing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sawmilling & Wood Planing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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