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Logging in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Logging Market Research Report | NAICS 11331 | Apr 2015

Knock on wood: An expected recovery in the construction markets will boost industry demand

IBISWorld’s Logging market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
52,983
Businesses
8,821
Industry Analysis & Industry Trends

The Logging industry has been in recovery mode during the past five years, as construction activity has been climbing upward from recessionary lows, driving industry revenue. Demand conditions for the industry are expected to continue improving through 2020, as recovery in the residential construction market is forecast to strengthen and home improvement spending rises. However, paper manufacturing is forecast to slow due to the continued trend toward electronic communication, reducing demand... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The US Logging industry is in the mature stage of its economic life cycle. In the 10 years to 2020, industry value added, which measures the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 2.0%, in line with GDP, also slated to grown an annualized 2.5% during the period.

Although the majority of the industry's products are used in the construction sector and various wood-based manufacturing sectors, the industry will face lower demand from paper manufacturers over the next five years. Downstream industries within the paper manufacturing sector have entered into decline due to continued substitution for electronic-based communication, although this loss will be offset by increased sales to international markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Logging Industry?

Logging companies buy and lease log-harvesting equipment and vehicles and use them to fell trees. The trees are then transported as sawlogs to sawmills and pulp mills. The industry excludes breeding, planting or growing trees; as a result, companies are classified under the Timber Services industry (IBISWorld industry report 11311). Companies that truck timber are categorized under Local Specialized Freight Trucking (IBISWorld industry report 48422).

Industry Products
Softwood logs and boltsHardwood logs and boltsPulpwoodOther roundwood products
 
Industry Activities
Cutting timberTransporting timberProducing wood chips in the field


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