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Forestry Support Services in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jul 10, 2023
Length 34 Pages
SKU # IBSS18067351

Description

Forestry Support Services in Australia
Demand for forestry services has been mixed in recent years due to the COVID-19 outbreak. Revenue has diminished as fewer new plantations have been established and native forest logging rates have fallen. The Forestry Support Services industry provides essential plantation, maintenance, and research services to the forestry sector. Ripples from the collapse of forest-managed investment scheme (MIS) plantations have continued to weigh on industry performance in 2023-24. Forest and logging demand has plummeted, with international trade for wood products tanking and domestic wood use collapsing alongside many construction companies. Rising economic activity in recent years has steadied the revenue decline to an expected average annual 2.3% over the five years to 2023-24 to reach an estimated $888.6 million. This drop includes an expected dip of 0.6% in 2023-24. Many industry providers have moved away from starting up new plantations and towards replanting and other services to strengthen their revenue generation.

Firms in the industry provide a range of support services to forestry enterprises. These services include forest reafforestation, conservation or plantation maintenance on a fee or contract basis. The industry also includes companies that operate forest nurseries and provide forestry research and consultancy services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

34 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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