Industry Analysis & Industry Trends
The Forestry Support Services industry provides plantation, maintenance and research services to the forestry sector. In general, demand for forestry services was relatively flat over the past five years, which was largely due to low growth in new plantation activity, changes in government involvement within the sector and a weaker economy in some years. This is despite a usually steady demand for reforestation, plantings, maintenance and pest control services in some Australian states in recent years. New plantation areas increased strongly each year through 2008-09, before slowing significantly in subsequent years due to the collapse of forestry managed investment schemes. However, Australia's total plantation area increased from 1.97 million hectares in June 2008 to an estimated 2.02... purchase to read more
Industry Report - Starting a New Business Chapter
Entry barriers to this industry were relatively high in previous decades as most forests were state-owned and state forestry departments supplied forestry services. However, since the 2000s, there have been an increasing number of state governments outsourcing these services. At the same time, there has been considerable growth in private plantation estates, which lowered entry barriers.
Today, there are fewer barriers for a suitably qualified forestry services supplier to enter the industry, while a new forestry research company can also easily start operations. These factors have seen a number of new entrants, particularly those involved in hardwood plantation estates and forestry consultancy services... purchase to read more