$4.0bn
$XXX.Xm
9,890
2,970
$XXX.Xm
Weak downstream demand has meant the Forestry and Logging industry has endured challenging operating conditions in recent years. Harvesting volumes have tumbled and downstream demand across key markets has fallen, contributing to a drop in industry profitability over the past five years. Lower demand from wood chipping and drops in residential building construction in particular have driven several years of dwindling revenue. Falling domestic timber prices over the three years through 2024-25 have further exacerbated revenue drops. Industry exports have nosedived in recent years, with supply chain disruptions and a trade dispute with China that began in late 2020 (over pests allegedly found in previous log imports into China from Australia) having fuelled this trend. Although China enabled Australian timber exports to resume in early 2023, export values have yet to recover. Overall, industry revenue is expected to have shrunk at an annualised 4.9% over the five years through 2024-25, to $4.0 billion. This includes an anticipated drop of 2.1% in 2024-25.
Industry revenue has declined at a CAGR of 4.9 % over the past five years, to reach an estimated $4.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Forestry Corporation of NSW | 342.9 | |
Hancock Victorian Plantations | 334.2 | |
HQ Plantations | 210.6 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Plantation softwood logs, Plantation hardwood logs and Forestry services. Plantation softwood logs is the largest segment of the Forestry and Logging in Australia.
Climbing plantation volumes have lifted plantation softwood logs' share of revenue
Companies in the industry manage and log native forest and timber plantations. The industry also provides related services such as timber hewing and shaping.
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ANZSIC 0301 - Forestry and Logging in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Forestry and logging firms have faced challenging demand conditions in recent years. Dwindling demand from key downstream timber processing firms has stifled industry revenue...
Learn about an industry's products and services, markets and trends in international trade.
Forestry and logging firms derive most of their revenue from selling logs to downstream timber processors. These markets are mostly made up of sawmills, timber resawing and d...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Logging and forestry firms are located in areas with high and reliable rainfall. That’s why there’s a high density of enterprises in New South Wales, Queensland, Victoria, Ta...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Key downstream timber products can be substituted with products made from alternative materials like steel, plastic, glass, fibreglass, glass and concrete. For example, timbe...
Learn about the performance of the top companies in the industry.
Forestry and logging’s variable nature means that companies’ revenue can fluctuate yearly. Harvest volumes can swing depending on plantations’ maturity.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Forestry and Logging industry is highly regulated. Forestry and logging firms have faced scrutiny from environmental groups over their compliance with the Protection and ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profitability has plummeted over the past five years. Rising purchase costs, dwindling downstream demand and falling domestic timber prices over the three years through 2024-...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Forestry and Logging industry in Australia is $4.0bn in 2024.
There are 2,970 businesses in the Forestry and Logging industry in Australia, which has declined at a CAGR of 4.6 % between 2019 and 2024.
The market size of the Forestry and Logging industry in Australia has been declining at a CAGR of 4.9 % between 2019 and 2024.
Over the next five years, the Forestry and Logging industry in Australia is expected to grow.
The biggest companies operating in the Forestry and Logging market in Australia are Forestry Corporation of NSW, Hancock Victorian Plantations and HQ Plantations
Forestry services and Plantation softwood logs are part of the Forestry and Logging industry.
The company holding the most market share in Australia is Forestry Corporation of NSW.
The level of competition is low and increasing in the Forestry and Logging industry in Australia.