Industry Analysis & Industry Trends
China's urbanization rate increased from 45.7% in 2008 to 53.7% in 2013. The resulting fast development of the real estate market created huge demand for construction wood, wood for decoration, and wood furniture. The rapid development of transportation infrastructure also raised demand for special timbers and sleepers. These factors have benefited the Sawmill industry, which has been performing strongly. Industry revenue is set to reach $11.6 billion in 2014, reflecting 12.4% annualized growth over the past five years.
Due to inadequate supply, low quality, and the uneven distribution of Chinese forest resources, demand for industry products surpasses supply. Therefore, China imports sawn timbers and sleepers to satisfy market demand.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry concentration level is low, with the top four enterprises accounting for an estimated 8.5% of total industry revenue in 2013.
Diversification in demand for products of Sawmills in China is quite crucial to increasing market share concentration. As products of sawmills are manufactured with logs of different forestry species and into different specifications, one sawmill cannot satisfy the needs of all the markets. Therefore, one sawmill usually manufactures products of certain specification, which reduces the market share of each enterprise... purchase to read more