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Posts tagged to forestry

Forest products industry sees growth as construction experiences a resurgence


Globally, the forest products industry has seen a remarkable performance across the last five years, fuelled primarily by the Asia-Pacific region. The global resurgence in construction output, with the West finally starting to see a return to growth, has had a significant impact on forest products as industrial roundwood, sawnwood and wood-based panels are all important in construction. The global forest products industry grew by 11.4% in 2013, to reach a value of $817.8 billion, representing a compound annual growth rate (CAGR) of 11% for the period spanning 2009-2013. Growth… Read more