Industry Analysis & Industry Trends
In 2011, the Plywood Manufacturing industry in China is expected to generate $43.76 billion of revenue, representing growth of 13.0% from 2010, with annualized growth of 30% for the past five years.
The industry's enterprise numbers are forecast to total 4,027, with an annualized growth rate of 14.9% since 2006. Employment is expected to total over 467,000 within the industry for the year, with an estimated payroll of $2.06 billion.
Exports played an important role in the development of the industry until 2006 when anti-dumping policies in the United States and the European Union hindered China's plywood export growth. Exports accounted for 32% of industry revenue in 2006, but this has since declined to a forecast 10.4% in 2011, amounting to an expected $4.53... purchase to read more
Industry Report - Industry Investment Chapter
The industry's capital intensity is reflected by the ratio of capital to labor costs, which represents the amount of capital used for every unit of labor. Depreciation is used as a proxy for capital, and total wages for labor costs. The capital to labor costs ratio is expected to be 1:2.1 in 2011, showing a high capital intensity level in the Plywood Manufacturing industry.
The majority of manufacturers within the industry still manufacture products in the low- and mid-end markets. Few facilities are used in the plywood production process in these companies, although manufacturing technologies and equipment have experienced rapid development in recent years. In contrast to large-scale enterprises, few of these small-scale companies invest in advanced production facilities... purchase to read more