Timber Operations Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 2/26/2024
SIC Codes: 0811, 0831, 2411
NAICS Codes: 113
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Timber Operations Industry Profile

Companies in this industry own timberlands and grow and harvest timber on production cycles of 10 years or more, primarily for use as lumber. Major companies include US-based PotlatchDeltic, Rayonier, and Weyerhaeuser; as well as Canfor, Resolute Forest Products, and West Fraser (all based in Canada); Stora Enso (Finland), and Svenska Cellulosa (Sweden).

Major producers of forest products include India, the US, Brazil, and China. Among these products include wood fuel, industrial roundwood, wood charcoal, wood pellets and other agglomerates, and sawnwoods. The global timber plants market was valued at about $4.3 billion in 2022, and will reach about $5 billion by 2027, according to WRDE.

Some large companies have vertically integrated operations that may combine land ownership, land management, logging, sawmills, and manufacturing of wood or paper products. Companies that grow Christmas trees and other trees (woody crops) on production cycles of less than 10 years, primarily for use by the paper and pulp industries or as raw materials for engineered wood products, are not included in the industry.

COMPETITIVE LANDSCAPE

Demand for timber used to make lumber is driven primarily by residential construction activity. The profitability of individual companies depends on efficient operations. Large logging companies can have a cost advantage over smaller ones through the use of more efficient (and more expensive) machinery, but logging is a very local activity, often without significant economies of scale.

 
View Full Sample Add To Cart Return to the Industry Profile Menu
Add To Cart

Focus Profiles

Complement this Industry Profile by purchasing a Focus Profile. Timber Operations has one Focus Profiles that can help you better understand this industry:


Related Profiles

Here are a few profiles related to Timber Operations that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options