The industry's performance is influenced by demand for plywood, veneer and fabricated wood from downstream industries, particularly within the housing and commercial construction sector. With weaker residential and non-residential building construction activity in 2011-12, industry revenue is estimated to decrease 2.6% for the year to $1.67 billion.
Over the five years through 2011-12, industry revenue is estimated to have declined by an annualised 1.8%, with moderate fluctuations from year to year.
Firms in this industry purchase raw material hardwood and softwood from sawmills and timber resawing and dressing processors and transform it into plywood, veneer, particleboard, chipboard and other fabricated wood boards, timber laminates and non-timber materials like decorative plastic laminates. These products are sold to housing and commercial construction companies and contractors, wooden structural component manufacturers, furniture makers, distributors and export markets.
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.