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Feeling stumped: Despite rebounding downstream markets, less outsourcing will inhibit growth
Forest Support Services in the US
Despite rising residential construction, downstream markets are weaning their reliance on support services, causing the industry to grow sluggishly over the five years to 2017. Moving forward, forest support service providers are expected to generate some revenue from outsourced firefighting and pest control operations; however, this trend will be insufficient to offset reduced demand from primary private markets. In addition, increasing vertical integration by key downstream markets will threaten the industry over the next five years.
As a result, slow but steady revenue losses are expected to continue, signaling the long-term decline of this industry.Operators in this industry assist downstream timber and logging operators in timber valuation, forestry economics and forest protection. Key support activities include the estimation of timber, forest firefighting, forest pest control and reforestation. Companies may also provide clients with consultation and research services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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