The global forestry and logging market is expected to grow from $535.96 billion in 2020 to $559.47 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $726.51 billion in 2025 at a CAGR of 7%.
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The forestry and logging market consists of sales of forestry products and logs by entities (organizations, sole traders and partnerships) that produce or harvest forestry products and logs and are involved in growing, cutting and transporting timber, operations of the timber tract, growing trees for reforestation and collecting forest products such as gums, barks and fibers. The forestry and logging market is segmented into logging; timber tract operations; and forest nurseries and gathering of forest products.
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The forestry and logging market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the forestry and logging market are Forestry Corporation, Hancock Victorian Plantations, Weyerhaeuser, Scottish Woodlands Ltd, Tilhill Forestry Ltd.
The global forestry and logging market is segmented –
1) By Type: Logging, Timber Tract Operations, Forest Nurseries and Gathering of Forest Products
2) By Application: Construction, Insutrial Goods, Others
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The forestry and logging market report describes and explains the global forestry and logging market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The forestry and logging report evaluates the market across each region and for the major economies within each region.
The countries covered in the global forestry and logging market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global forestry and logging market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Forestry And Logging Market Characteristics
- Forestry And Logging Market Product Analysis
- Forestry And Logging Market Supply Chain
- Key Mergers And Acquisitions In The Forestry And Logging Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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