Forestry and Logging Industry
Insights from D&B Hoovers

Industry Analysis

Description

Industries in the Forestry and Logging subsector grow and harvest timber on a long production cycle (i.e., of 10 years or more). Long production cycles use different production processes than short production cycles, which require more horticultural interventions prior to harvest, resulting in processes more similar to those found in the Crop Production subsector. Consequently, Christmas tree production and other production involving production cycles of less than 10 years, are classified in the Crop Production subsector. Industries in this subsector specialize in different stages of the production cycle. Reforestation requires production of seedlings in specialized nurseries. Timber production requires natural forest or suitable areas of land that are available for a long duration. The maturation time for timber depends upon the species of tree, the climatic conditions of the region, and the intended purpose of the timber. The harvesting of timber (except when done on an extremely small scale) requires specialized machinery unique to the industry. Establishments gathering forest products, such as gums, barks, balsam needles, rhizomes, fibers, Spanish moss, and ginseng and truffles, are also included in this subsector.

Industry Activities

Timber tract operations
Aromatic wood gathering
Balsam needles gathering
Bark gathering
Cherry gum, gathering

Geographic Segmentation

See where the Forestry and Logging industry is concentrated geographically and research companies by financials and key corporate data.
Forestry and Logging Companies in this Country/Region:
Top Forestry and Logging Companies:
$23,773.03M | Russian Federation
$10,146.97M | Finland
$10,115.04M | Finland
$7,532.00M | United States
$7,054.34M | Italy
Movers And Shakers
Oleg Valentinovich Belozerov, President at RZHD, PAO
Jussi Pesonen, Managing Director at UPM-Kymmene Oyj
Annica Bresky, Managing Director at Stora Enso Oyj
Devin W Stockfish, President and Chief Executive Officer at Weyerhaeuser Company
CLAUDIA PARZANI, President at ALLIANZ SPA

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