The Veneer Sheet and Wood-Based Panel Manufacturing industry produces veneer sheets, wood panels and plywood products used for construction and joinery and to make furniture. Over the five years through 2015-16, the industry is expected to grow at a compound annual rate of 1.4%. However, the past five years have been a period of recovery after a recession-induced collapse. In the wake of the financial crisis, mortgage approvals plummeted and house prices crashed, causing a collapse of investment into the residential construction sector, while poor business confidence and profit weighed heavily on investment into the commercial construction sector.
Firms in this industry manufacture veneer sheets, wood panels and plywood products used for construction and joinery, and to make furniture.
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.