As a rapidly growing economy, China has been experiencing strong demand for wood materials; however there has been domestic scarcity of forest resources. Real estate industries, infrastructure construction and furniture manufacturing industries are currently the major end consumers of logs, wood and timber in China. Therefore, the Logging industry relies considerably on imports.
Industry revenue experienced volatile growth in the five years to 2015, with annualized increases of 8.7%.
The Logging industry in China purchases and leases harvesting equipment and machinery from relevant service providers and uses them to fell trees. Simple further processing procedures such as tree delimbing, topping and bucking are also included in this industry. The industry does not plant or grow trees, nor does it manage the forests from which logs are derived.
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.