Industry Analysis & Industry Trends
The Fabricated Wood Manufacturing industry has suffered over the past five years due to declining demand from downstream housing construction companies and manufacturers. Industry revenue is expected to fall at an annualised 0.6% over the five years through 2016-17, to reach $1.4 billion. Slight declines in the production of particleboard, medium-density fibreboard (MDF), timber veneers and plywood are anticipated over this period and are expected to contribute to the industry's declining revenue. Industry operators are expected to produce 1.46 million cubic metres of these products in 2016-17, down from 1.49 million cubic metres in 2011-12. Although the number of dwelling commencements has increased over the past five years, the number is expected to fall in the current year... purchase to read more
Industry Report - Industry Key Buyers Chapter
A medium market share concentration characterises the industry. In 2016-17, the industry's four largest companies are estimated to account for over 50.0% of total revenue. The industry's market share concentration has increased over the past five years, with Fletcher Building and Carter Holt Harvey, the industry's two largest players, outperforming the overall industry over this period. As a result of consolidation in the industry, revenue and establishments per enterprise have increased over the past five years.
Aside from these two major players, the industry consists of a large number of smaller independent operators that mainly operate one establishment and target local and niche markets. Concentration also varies depending on a firm's main product segment... purchase to read more