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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 | Mar 2016

Knock on wood: Construction activity is expected to strengthen, supporting industry revenue

IBISWorld’s Logging market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 11-16
2.9%
Annual Growth 16-21
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Profit
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Employment
50,651
Businesses
8,046
Industry Analysis & Industry Trends

Over the past five years, the Logging industry has been in recovery mode, as construction activity has been climbing upward from recessionary lows, driving industry revenue. Demand conditions for the industry are expected to continue improving through 2021, 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 2021, industry value added, which measures the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 3.2%, slightly faster than GDP, also slated to grown an annualized 2.2% 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... 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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