Flat as a board: Weak demand from the housing construction market constrains industry revenue

IBISWorld’s Fabricated Wood Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • The industry has encountered rising substitute competition from materials like plasterboard
  • Industry profit margins have fluctuated over the period due to volatile domestic timber prices
  • Rising timber prices are projected to negatively affect the industry's performance over the period

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    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...

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    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. For..

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    Additional Insights for the Fabricated Wood Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fabricated Wood Manufacturing Industry are

  • Economies of scale
  • Optimum capacity utilisation
  • Production of premium goods and services
  • IBISWorld analysts also discuss how external factors such as Dwelling commencements and Availability of plantation trees in the Fabricated Wood Manufacturing industry impact industry performance..

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    Industry Products

    What is the Fabricated Wood Manufacturing Industry?

    Companies in the industry manufacture veneers and plywood, and wood boards and sheets from reconstituted wood fibres such as wood chips, sawdust, wood shavings, timber slabs and off-cuts. Firms that manufacture timber and non-timber laminates are also included in the industry.

    Industry Products
    Medium-density fibreboard
    Timber veneers
    Other fibreboard
    Industry Activities
    Laminated veneer lumber
    Glue laminated lumber
    Timber and non-timber laminate
    Medium-density fibreboard

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Dwelling commencements
  • Availability of plantation trees
  • Domestic price of timber
  • Demand from carpentry services
  • Demand from commercial and industrial building construction

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Fabricated Wood Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fabricated Wood Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Wooden Structural Component Manufacturing
  • Wooden Furniture and Upholstered Seat Manufacturing
  • House Construction
  • Timber Wholesaling
  • Commercial and Industrial Building Construction
  • Institutional Building Construction
  • Hardware and Building Supplies Retailing

  • Key Selling Industries
  • Timber Resawing and Dressing
  • Wood Chipping

  • Products & Services
  • Particleboard
  • Medium-density fibreboard
  • Timber veneers
  • Plywood
  • Other fibreboard
  • Other
  • Chart: Fabricated Wood Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturers
  • Residential building construction companies
  • Commercial, industrial and institutional building companies
  • Retailers and wholesalers
  • Other
  • Chart: Major Market Segmentation for the Fabricated Wood Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Fabricated Wood Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fabricated Wood Manufacturing Industry

  • Industry Globalization
    Major Companies
    Fletcher Building LimitedCarter Holt Harvey Building Products Pty Limited
  • Table: Fletcher Building Limited - financial performance
  • Table: Carter Holt Harvey Building Products Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fabricated Wood Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Fabricated Wood Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A class of complex organic polymers.
  • Medium-Density Fibreboard (Mdf)
  • A type of timber made by applying high heat and pressure to a mixture of softwood and wood fibres mixed with resin.
  • Particleboard
  • Also known as chipboard, this product is made from wood chips and shavings, mixed with resin and combined under high pressure.
  • Plywood
  • A type of wood made from thin sheets of veneer that are glued together at right angles to increase strength.
  • Veneer
  • Thinly sliced pieces of wood that are glued to wood, MDF and particleboard panels.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fabricated Wood Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fabricated Wood Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fabricated Wood Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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