The biggest service segment in the industry covers forestry activities, such as tree planting and replanting, and has increased slowly for about a decade. This has been due to growing demand from governments, local authorities and woodland owners as government bodies have tended to outsource more services over the period and as replanting or restocking levels have risen. As a result, IBISWorld expects industry revenue to increase at a compound annual rate of 1.3% over the five years through 2014-15 to reach £945.5 million. However, demand for the industry's services fell for the first two years of the period.
Firms in this industry are involved in a wide range of forestry and logging activities. These include growing standing timber in natural and planted forests; forest timber nursery operations; the logging and production of timber for wood-based manufacturing industries; the gathering of wild-growing, non-wood products, such as mushrooms, truffles, berries and nuts; and forestry support services, such as forestry inventories, management, consultancy, firefighting and pest control.
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.