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 Products Chapter
Industry operators manufacture a range of fabricated wood products, including particleboard, MDF, timber veneers, plywood and other fibreboard. Industry products are separated based on the proportion of revenue that each segment is estimated to generate.
Particleboard is the largest segment in the industry. Particleboard is made from reconstituted wood particles, such as thinned wood chips, softwood plantations (primarily radiata pine) and residue from softwood sawmilling. The wood particles are mixed with resin and then formed into flat panels to make particleboard. Particleboard is only suitable for interior use, is an extremely cost-efficient wood-based panel and is used extensively in structural applications... purchase to read more