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 Analysis Chapter
The Forestry and Logging industry encompasses a wide variety of business activities that range from the growing and management of woodland to the felling and preparation of logs for basic uses, such as poles and posts. Approximately 13% of the United Kingdom is covered in woodland, compared with a European average of 44%, according to the Woodland Trust. However, this figure has been increasing over the five years through 2016-17, with increased public concern over environmental issues leading to higher investment in the industry. Scotland has the highest proportion of woodland in the United Kingdom, as 18% of the country is covered by woodland.
Over the five years through 2016-17, industry revenue is forecast to grow at a compound annual rate of 3.4% to reach £1.1 billion. Thi.. purchase to read more