Industry Analysis & Industry Trends
The Fabricated Wood Manufacturing industry has suffered over the past five years due to subdued demand from downstream construction industries and manufacturers. Industry revenue is expected to fall at an annualised 3.1% over the five years through 2015-16, to reach $1.4 billion. Falling production of particleboard, medium-density fibreboard (MDF), timber veneers and plywood over this period has contributed to the industry's declining revenue. Industry operators are expected to produce 1.5 million cubic metres of these products in 2015-16, down from 1.7 million cubic metres in 2010-11. Weaker demand from residential building construction markets is also set to contribute to a 1.7% drop in revenue in 2015-16... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of the industry's enterprises tends to follow the distribution of Australia's overall population. However, there are no enterprises located in the Northern Territory. Companies in the industry tend to be located close to downstream markets, as large shipments of particleboard, MDF and timber veneers are extremely heavy, cumbersome and costly to transport. As a result, the majority of industry enterprises are located in Victoria, New South Wales and Queensland, where there is the greatest amount of economic, construction and further manufacturing activity from downstream markets.
However, business locations also vary depending on product segment. For example, 33.0% of the industry's reconstituted wood product manufacturing facilities operate in New South Wales... purchase to read more