Not out of the woods: Competition from substitute products has contributed to revenue declines

Operators in the Timber Resawing and Dressing industry have faced difficult operating 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. Overall, industry revenue is expected to contract at an annualised 4.2% over the five years through 2016-17, to total $1.8 billion. Industry operating conditions are expected to decline significantly in the short term, largely due to a sharp contraction in the Construction division. As a result, industry revenue is projected to fall by 2.3% in 2016-17. Industry revenue is expected to grow at an annualised 1.0% over the five years through 2021-22, to reach $1.9 more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Industry efficiency has risen through the adoption of new technologies, such as scanning systems
  • Hardwood timber will be increasingly hard to obtain as less native forest area is available to log
  • Population growth and rising export demand are expected to result in greater wood harvest volumes
  • Industry Report - Starting a New Business Chapter

    The main barriers for potential industry entrants include gaining access to timber supply, purchasing equipment, covering the significant outlay required for advanced production technologies, covering the shortages of multi-skilled labour, securing market linkages and obtaining wood allocation or quotas from state resources. A cost-effective supply of sawlogs can be difficult to obtain due to the vertical integration of some forest products firms that own key extraction contracts. These barriers are expected to gradually decline over the next five years, as industry firms increasingly source timber from hard and softwood plantations rather than old-growth forests...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 Availability of plantation trees and Demand from house construction 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
  • Availability of plantation trees
  • Demand from house construction
  • Demand from other wood product manufacturing
  • Domestic price of timber
  • Volume of wood harvested

  • Current Performance
  • Timber supply
  • Demand from construction
  • Competitive environment
  • Adapting to a difficult operating environment
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Downturn and recovery
  • Adapting to survive
  • Regulation and preference change
  • International trade
  • 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
  • Exports
  • 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
  • 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
    Hyne & Son Pty Limited, Timberlink Australia Pty Limited, Carter Holt Harvey Building Products Pty Limited,
  • Table: Hyne & Son Pty Limited - financial performance
  • Table: Timberlink Australia Pty Limited - financial performance
  • Table: Carter Holt Harvey Building Products 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
  • 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
    Computer-Numeric-Controlled Machine
  • A type of automatic woodworking machine that can shape timber inputs in accordance with computer designed specifications.
  • Hardwood
  • 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
  • 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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
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    • Inform your decisions for marketing, strategy and planning
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    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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