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Forest Support Services in the US: Market Research Report

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

Forest Support Services Market Research Report | NAICS 11531 | Mar 2017

Feeling stumped: Despite rebounding downstream markets, less outsourcing will inhibit growth

IBISWorld’s Forest Support 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
0.1%
Annual Growth 17-22
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Profit
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Employment
23,403
Businesses
14,480
Industry Analysis & Industry Trends

Despite rising residential construction, downstream markets are weaning their reliance on support services, causing the industry to grow sluggishly over the five years to 2017. Moving forward, forest support service providers are expected to generate some revenue from outsourced firefighting and pest control operations; however, this trend will be insufficient to offset reduced demand from primary private markets. In addition, increasing vertical integration by key downstream markets will threaten the industry over the next five years. As a result, slow but steady revenue losses are expected to continue, signaling the long-term decline of this industry... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Forest Support Services industry is in decline. IBISWorld estimates that the industry's value added (IVA), which measures its contribution to the overall economy, will increase an annualized 0.2% over the 10 years to 2022. By contrast, the US GDP is forecast to rise an annualized 2.0% over the same period. Consequently, the industry's share of the overall economy is rapidly falling, a key indicator of the declining life cycle stage.

The decisive factor in the industry's decline is the reduced willingness of timber tract and logging operators to outsource operations to auxiliary third parties such as industry operators. As .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Forest Support Services Industry?

Operators in this industry assist downstream timber and logging operators in timber valuation, forestry economics and forest protection. Key support activities include the estimation of timber, forest firefighting, forest pest control and reforestation. Companies may also provide clients with consultation and research services.

Industry Products
Forest research and consultingForest firefighting and pest controlTimber resource estimating and mapping
 
Industry Activities
Forest research and consultingForest firefighting and pest controlTimber resource estimation and reforestation


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