Logging in Canada - Industry Market Research Report

Logging in Canada - Industry Market Research Report

  • August 2018 •
  • 39 pages •
  • Report ID: 4563917 •
  • Format: PDF
Pulp friction: Pest infestation and show growth in US housing starts will hinder revenue growth

Abstract

Logging in Canada
Following a decade of uneven performance over the years leading up to the reporting period in response to declining harvest levels due to damage caused to domestic forestland by the mountain pine beetle, the industry has stabilized over the past five years. Harvest levels grew steadily during the reporting period, and the industry has benefited from strong growth in residential housing markets both domestically and in the United States, which imports significant quantities of downstream lumber products. Over the next five years, the industry is forecast to continue to grow in response to rising housing starts in the United States. However, US housing starts are forecast to increase more slowly, and domestic housing starts are forecast to decline, which will constrain revenue growth.

Operators in this industry buy and lease log harvesting equipment and vehicles, which they then use to fell trees. The trees are then transported as sawlogs to sawmills and pulp mills. Companies that are primarily engaged in the breeding, planting or growing of trees are excluded from this industry and are instead classified under the Timber Services NAICS code 11311.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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