Industry Analysis & Industry Trends
Demand for wooden containers is driven by trends in manufacturing activity, wholesaling activity, UK export levels and the subsequent demand for the transportation and storage of goods. The industry rebounded over the past five years after declining at the start of the period when dwindling manufacturing activity, falling UK exports and weak wholesaling activity eroded demand. Industry revenue growth in the subsequent years was attributable to improvements in wholesaling activity. Increased timber prices also contributed positively as operators raised prices to pass on some of the cost increases to customers. However, manufacturing activity remained weak and on the whole UK exports decreased, which curtailed expansion... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Wooden Container Manufacturing industry is in the mature stage of its life cycle. The industry value added, which measures the industry's contribution to the UK economy, is expected to increase at a compound annual rate of 2.5% over the 10 years through 2021-22. The UK economy is expected to grow at a compound annual rate of 2.3% over the same period. This indicates that the industry will account for a relatively stable share of the overall economy.
The industry's products have a high level of market acceptance. Many operators are also focusing on improving operating efficiencies to enhance profit margins. In addition, consolidation activity took place during the past five years. These are all characteristics of a mature industry.
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