Sawmilling & Wood Planing in the UK - Market Research Report (2014-2029)
London, United Kingdom
Last Updated: June 2024
SIC C16.100Revenue
£3.1bn
Past 5-Year Growth
Profit
£XXX.Xm
Employees
7,962
Businesses
497
Wages
£XXX.Xm
Sawmilling & Wood Planing in the UK industry analysis
Orders for wood products is heavily dependent on the level of construction activity. Revenue has grown during the five years, due to a surge in timber prices in 2021. Technological advances, new products and new revenue streams also supported revenue growth. However, manufacturers have been challenged by high levels of import competition, as well as competition from substitute products. Revenue is expected to rise at a compound annual rate of 5.2% to £3 billion over the five years through 2024-25.
Trends and Insights
- The timber price boom fuels revenue growth. The recovery of European construction post-pandemic, coupled with a lumber supply slowdown, led to a significant increase in timber prices, boosting sawmill profits and income in 2021-22.
- Residential construction boosts demand for sawnwood timber. The surge in new home and building projects is driving the need for structural and joinery sawnwood timber, leading to increased production in the UK market.
- Scotland dominates the UK's timber supply. With approximately 70% of all softwoods removals in the UK, Scotland's extensive forests and government support make it a prime location for sawmilling businesses.
- Competition drives price wars for sawmillers. With wood being a standardised product, downstream markets primarily seek the cheapest price, leading to intense price competition among industry operators.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 10.6 % over the past five years, to reach an estimated £3.1bn in 2024.
Trends and Insights
A boom in timber prices explodes revenue
- The recovery of European construction after the pandemic coincided with a lumber supply and distribution slowdown. This led to a substantial hike in European timber prices and surging selling prices.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Government support is set to prolong residential construction orders for wood products
- The government is spending heavily to encourage more residential construction in the UK through its Affordable Homes Programme and Housing Infrastructure Fund.
Biggest companies in the Sawmilling & Wood Planing in the UK
| Company | Market Share (%)
2023 | Revenue (£m)
2023 |
|---|---|---|
BSW Timber Ltd | 504.7 | |
James Jones & Sons Ltd | 417.2 | |
Pontrilas Sawmills Ltd | 58.6 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Structural sawnwood timber, Joinery sawnwood timber and Hardwood timbers (veneers and furniture). Structural sawnwood timber is the largest segment of the Sawmilling & Wood Planing in the UK.
Trends and Insights
Residential construction activity is buoying demand for structural and joinery sawnwood timber
- Structural and joinery sawnwood timber are the primary material used in the construction of new homes and buildings, used for framing, structural elements, windows, flooring and others.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Forestry & Logging in the UK
- Veneer Sheet & Wood-Based Panel Manufacturing in the UK
- Carpentry & Joinery Product Manufacturing in the UK
- Office & Shop Furniture Manufacturing in the UK
International industries
- Sawmills & Wood Production in the US
- Millwork in the US
- Sawmills & Wood Production in Canada
- Millwork in Canada
- Log Sawmilling in Australia
Table of Contents
About this industry
Industry definition
Firms in this industry saw and plane wood in preparation for use in construction, furniture and unassembled flooring manufacturing, heating, power generation, fencing, pallets and as railway sleepers. Kiln drying timber and impregnating wood with preservatives and other chemicals activities are also included in the industry.
What's included in this industry?
Structural sawnwood timberJoinery sawnwood timberHardwood timbers (veneers and furniture)Fencing and outdoor timberTimber for pallets and packagingCompanies
BSW Timber LtdJames Jones & Sons LtdPontrilas Sawmills LtdPurchase this report to view all 3 major companies in this industry.
Related Terms
HARDWOODSOFTWOODCONIFERORIENTED STRAND BOARDPARTICLEBOARDIndustry Code
SIC 16.10 - Sawmilling & Wood Planing in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The timber price boom fuels revenue growth. The recovery of European construction post-pandemic, coupled with a lumber supply slowdown, led to a significant increase in timbe...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Residential construction boosts demand for sawnwood timber. The surge in new home and building projects is driving the need for structural and joinery sawnwood timber, leadin...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Scotland dominates the UK's timber supply. With approximately 70% of all softwoods removals in the UK, Scotland's extensive forests and government support make it a prime loc...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
Competition drives price wars for sawmillers. With wood being a standardised product, downstream markets primarily seek the cheapest price, leading to intense price competiti...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
BSW Timber Ltd leads the sawmilling industry due to strategic integration. By acquiring and integrating timber suppliers, the company ensures consistent supply, controls cost...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of BSW Timber Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of James Jones & Sons Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Pontrilas Sawmills Ltd's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for BSW Timber Ltd, and factors influencing its performance in the industry
- Description and key data for James Jones & Sons Ltd, and factors influencing its performance in the industry
- Description and key data for Pontrilas Sawmills Ltd, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Timber product regulations significantly impact the sawmilling industry. These regulations ensure that only legally and sustainably harvested timber is imported, protecting d...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The timber price boom has significantly boosted profitability. However, a slight drop is expected as timber prices begin to normalise from their peak.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2022)
- Coverage Ratios (2018-2022)
- Leverage Ratios (2018-2022)
- Operating Ratios (2018-2022)
- Assets (2018-2022)
- Liabilities (2018-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Sawmilling & Wood Planing in the UK industry in United Kingdom in 2024?
The market size of the Sawmilling & Wood Planing in the UK industry in United Kingdom is £3.1bn in 2024.
How many businesses are there in the Sawmilling & Wood Planing in the UK industry in 2024?
There are 497 businesses in the Sawmilling & Wood Planing in the UK industry in United Kingdom, which has declined at a CAGR of 1.5 % between 2019 and 2024.
Has the Sawmilling & Wood Planing in the UK industry in United Kingdom grown or declined over the past 5 years?
The market size of the Sawmilling & Wood Planing in the UK industry in United Kingdom has been growing at a CAGR of 10.6 % between 2019 and 2024.
What is the forecast growth of the Sawmilling & Wood Planing in the UK industry in United Kingdom over the next 5 years?
Over the next five years, the Sawmilling & Wood Planing in the UK industry in United Kingdom is expected to grow.
What are the biggest companies in the Sawmilling & Wood Planing in the UK market in United Kingdom?
The biggest companies operating in the Sawmilling & Wood Planing market in United Kingdom are BSW Timber Ltd, James Jones & Sons Ltd and Pontrilas Sawmills Ltd
What does the Sawmilling & Wood Planing in the UK in United Kingdom include?
Structural sawnwood timber and Joinery sawnwood timber are part of the Sawmilling & Wood Planing in the UK industry.
Which companies have the highest market share in the Sawmilling & Wood Planing in the UK in United Kingdom?
The company holding the most market share in United Kingdom is BSW Timber Ltd.
How competitive is the Sawmilling & Wood Planing in the UK industry in United Kingdom?
The level of competition is high and steady in the Sawmilling & Wood Planing in the UK industry in United Kingdom.
