Industry Analysis & Industry Trends
The Fabricated Wood Manufacturing industry has suffered over the past five years due to weak demand from downstream construction industries and manufacturers. Industry revenue is estimated to fall at an annualised 4.4% over the five years through 2014-15. Falling demand for particleboard, medium-density fibreboard (MDF), timber veneers and plywood over this period has contributed to the industry's declining revenue and subsequent drops in domestic production. Industry operators are estimated to produce 1.5 million cubic metres of these products in 2014-15, down from 1.7 million cubic metres in 2009-10. Fabricated timber manufacturers have faced rising competition from import markets that can offer goods at lower prices... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the industry has struggled significantly due to weak housing and commercial construction activity and rising competition from import markets. Declining demand has resulted in falling domestic production of particleboard, medium-density fibreboard (MDF), timber veneers and plywood. Industry operators manufacture products for a range of downstream markets, including residential housing construction; commercial, industrial and institutional building construction; wooden structural component and furniture manufacturers; wholesalers; and retailers.
Industry revenue is estimated to decline at a compound annual rate of 4.4% over the five years through 2014-15, to reach $1.3 billion... purchase to read more