The market is dominated by domestic suppliers, as imports account for 15.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 96.2% of total demand in 2023. Australia has the ninth largest market size for wood and wood products across the top 20 developed countries, with demand reaching USD15.4 billion in 2023. Borg Mfg Pty Ltd is the largest company in Australia, generating 2.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 8.8% of total production value in 2023. The total number of companies increases in 2023, to 6,745 units. The costs of the industry increase by 4.2% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 20.5% of production value in 2023, the fifth highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 6.4% of total production output. With production value of USD13.0 billion, Australia accounts for 75.2% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Wood and Wood Products in Australia: ISIC 20. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wood and Wood Products in Australia: ISIC 20 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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