Industry Analysis & Industry Trends
The Forestry and Logging industry encompasses numerous activities that take place throughout the woodland areas of the United Kingdom, with a large concentration in Scotland. The main activities of the industry include the planting of new trees, the management and maintenance of forested areas and the felling and production of logs and poles. In recent years, the industry has been strengthened by an improving economy. Trends in timber prices and construction activity influence the industry's performance.
IBISWorld expects industry revenue to grow at a compound annual rate of 3.4% over the five years through 2016-17 to reach £1.1 billion... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Forestry and Logging industry is estimated to be in the growth phase of its life cycle. The value that the industry adds to the economy is expected to grow at a compound annual rate of 2.3% over the 10 years through 2021-22. UK GDP is also expected to increase at a compound annual rate of 2.3% over the same 10-year period. This indicates that the industry's contribution to the overall economy is expected to stay relatively stable over the 10 years through 2021-22.
Over the past decade, there has been a rapid introduction of new products as consumer tastes have changes and demand for niche woods has increased. The public sector represents the largest downstream market for industry operators and is expected to continue to do so over the coming years. Acc.. purchase to read more