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 SWOT Analysis Chapter
The Fabricated Wood Manufacturing industry is in the declining stage of its economic life cycle. Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to decline at an annualised 2.2% over the 10 years through 2019-20. The industry is therefore expected to underperform the overall economy over this period, which is forecast to grow at a compound annual rate of 2.7% over the 10 years through 2019-20.
Over the past five years, establishment numbers have dropped and domestic manufacturers have faced rising competition from import markets... purchase to read more