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Timber Services in the US: Market Research Report

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

Timber Services Market Research Report | NAICS 11311 | Jan 2017

Branching out: Improved construction markets will benefit industry operators

IBISWorld’s Timber Services 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
$990m
Annual Growth 11-16
2.8%
Annual Growth 16-21
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Profit
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Employment
5,453
Businesses
3,183
Industry Analysis & Industry Trends

The industry has benefited over the past five years from robust growth in the US housing market. As a result, industry revenue is expected to increase. Recovering downstream demand for timber has pushed up prices and profit over the past five years, encouraging many timber operators to sell stumpage rights and thus re-enter the industry. As growth in housing demand returns to historic norms over the next five years, residential construction spending will be less able to offset weaknesses in other industry markets. Nevertheless, construction markets will remain the largest downstream market for timber, and their sustained expansion over coming years is anticipated to contribute to modest timber services growth... purchase to read more

Industry Report - Industry Analysis Chapter

Businesses in the Timber Services industry manage timber tracts and sell the standing timber to downstream paper, pulp and wood manufacturers, but do not engage in logging operations to harvest timber themselves. Since standing timber can be cut to make lumber, which is heavily used in home building, the majority of the industry’s products are destined for the residential housing market. Therefore, the industry has benefited over the past five years from a recovering US housing market, with revenue expected to grow at an average annual rate of 2.8% to $989.6 million over the five years to 2016, including 4.0% growth projected in 2016 alone, underpinned by a recovery in lumber prices.

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Industry ProductsRelated ReportsTable of Contents

What is the Timber Services Industry?

The Timber Services industry manages timber tracts for the purpose of selling standing timber. A timber tract is a parcel of land used for growing timber for harvesting on a long rotation cycle (more than 10 years). The industry does not include Christmas trees, which are grown on short rotation cycles. This industry also does not include revenue from logging operations.

Industry Products
SoftwoodHardwood
 
Industry Activities
Selling standing timber to logging operatorsPlanting seedlingsPest control and firefighting servicesOther timber maintenance services


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