Timber Services in the US
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.
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.
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.
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