As a result of the downturn in the housing market, demand across the forestry sector contracted during the recession. Nevertheless, the Forestry Support Services industry will begin to turn around during the next five years, as downstream construction markets revive. Demand for lumber will pick up again, aiding revenue growth. Nevertheless, increasing vertical integration by key downstream markets will cause threaten the 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.