Industry Analysis & Industry Trends
Faced with lower demand from downstream residential construction, remodeling activity and paper manufacturing, logging companies' revenue declined considerably over the past five years, although the industry picked up again in 2012 and 2013 due to renewed demand from downstream industries. Renewed residential construction and remodeling activity since 2010 have positively influenced the industry because logging companies supply downstream industries with sawlogs, the raw material used to make the requisite planks and boards for the majority of new houses built. Demand conditions for the Logging industry are expected to continue improving through 2018... 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 2018, industry value added, which measures the industry's contribution to the overall economy, is forecast to decrease at an annualized rate of 2.1%, in line with GDP, also slated to grown an annualized 2.1% 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