The Forestry industry derives most of its revenue from growing and managing native forests, plantations and timber tracts. According to the Department of Agriculture, as of June 2014, Australia has 122.6 million hectares of native forest. An estimated 75.0% of this land is made up of eucalypt species. Plantation forests in Australia are estimated to total 2.02 million hectares in 2014-15. The industry has struggled over the past five years, facing stagnant development of new timber plantations and the collapse of several forestry managed investment schemes (MIS).
Companies in the industry mainly grow, manage and maintain standing timber in native forests, plantations and timber tracts, for commercial benefit. Operators that gather forest products such as mushrooms, kauri gum and resin are also included in the industry.
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.