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 Analysis Chapter
Over the past five years, the industry has struggled significantly due to fairly subdued 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 companies; commercial, industrial and institutional building construction firms; wooden structural component and furniture manufacturers; and wholesalers and retailers.
Revenue and profitability
Industry revenue is expected to decline at a compound annual rate of 3.1% over the five years through 2015-16, to reach $1.4 billion... purchase to read more