Knock on wood: Regulation changes are anticipated to return the industry to growth

Operators in the Timber Resawing and Dressing industry have faced difficult conditions over the past five years. Tightening constraints on the supply of timber inputs and increased competition from substitutes have been detrimental to the industry. Industry revenue is expected to contract at an annualised 1.1% over the five years through 2017-18, to total $2.0 billion. The industry's performance is strongly connected to the construction sector, as the House Construction industry represents a large proportion of the demand for industry's product. Demand from housing construction activities is expected to drop in 2017-18, causing industry revenue to fall by a projected 8.2% in the current year...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
-1.1%
Forecast Growth 18-23
Profit
Employment
5,578
Businesses
257

Industry Threats & Opportunities

  • The domestic price of timber has increased over the past five years due to supply restrictions
  • Native hardwood timber is increasingly hard to obtain and the price has increased significantly
  • The volume of wood harvested is forecast to pick up, which will increase supply of timber
  • Industry Report - Industry Locations Chapter

    Industry operators are distributed in accordance with population and proximity to timber sources. Enterprises are concentrated in Australia's more populous states, Victoria, New South Wales and Queensland. A notable exception is Western Australia, where the industry is a significant part of the state's gross domestic output due to high logging activity. Western Australia is expected to make up 10.8% of the Australian population and 14.5% of industry enterprises in 2017-18. Because industry enterprises tend to be located near raw material supplies, many timber resawing and dressing plants are located close to, or are integrated with, sawmills or plywood and veneer plants.The eastern seaboard states of New South Wales, Victoria and Queensland are estimated to account for 72.9% o...purchase to read more.

    Additional Insights for the Timber Resawing and Dressing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Timber Resawing and Dressing Industry are

  • Access to highly skilled workforce
  • Economies of scale
  • Output is sold under contract - incorporate long-term sales contracts
  • IBISWorld analysts also discuss how external factors such as Demand from house construction and Availability of plantation trees in the Timber Resawing and Dressing industry impact industry performance..

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    What's in this report

    What is the Timber Resawing and Dressing Industry?

    Companies in the industry resaw and dress timber to produce building timber, solid timber floorboards, weatherboards and mouldings. Industry firms also kiln dry, season and resaw timber that has already been sawn at other mills. These products are sold to wood product manufacturers such as plywood and veneer makers, other timber resawing and dressing operations, furniture manufacturers and the building construction sector.

    Industry Products
  • Dressed building timber
  • Dressed timber or mouldings
  • Solid wood flooring
  • Other resawn timber products
  • Industry Activities
  • Building timber
  • Dressed timber or mouldings
  • Kiln-drying, air-drying and seasoning timber
  • Solid timber wood floor
  • Chemically preserving timber
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from house construction
  • Availability of plantation trees
  • Domestic price of timber
  • Demand from other wood product manufacturing
  • Volume of wood harvested

  • Current Performance
  • Revenue and profitability
  • Demand from construction activity
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Innovation drives

    new production techniques

  • Industry structure
  • Table: Timber Resawing and Dressing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Timber Resawing and Dressing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wooden Structural Component Manufacturing
  • Wooden Furniture and Upholstered Seat Manufacturing
  • House Construction
  • Multi-Unit Apartment and Townhouse Construction
  • Carpentry Services
  • Fabricated Wood Manufacturing

  • Key Selling Industries
  • Forestry and Logging
  • Log Sawmilling

  • Products & Services
  • Dressed building timber
  • Dressed timber or mouldings
  • Solid wood flooring
  • Other resawn timber products
  • Chart: Timber Resawing and Dressing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential building construction firms
  • Commercial building construction firms
  • Other timber products manufacturers
  • Wood products manufacturers
  • Export markets
  • Chart: Major Market Segmentation for the Timber Resawing and Dressing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Timber Resawing and Dressing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Timber Resawing and Dressing Industry

  • Industry Globalization
    Carter Holt Harvey Building Products Pty Limited, Hyne & Son Pty Limited,
  • Table: Carter Holt Harvey Building Products Pty Limited - financial performance
  • Table: Hyne & Son Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Timber Resawing and Dressing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Timber Resawing and Dressing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer Numerical Controlled Machine
  • A type of automatic woodworking machine that can shape timber inputs in accordance with computer designed specifications.
  • Hardwood
  • Derived from broadleaf trees, hardwood is used for flooring, building products and fine, virgin paper.
  • Resawing
  • The recutting of sawn wood and logs into final wood products.
  • Softwood
  • Derived from coniferous trees, such as pine, softwood is used for furniture and building supplies, and newsprint and cardboard.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Timber Resawing and Dressing 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.

    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 Timber Resawing and Dressing:
    • 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 Timber Resawing and Dressing 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 Timber Resawing and Dressing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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