The market is dominated by domestic suppliers, as imports account for 6.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 91.6% of total demand in 2022. Canada has the second largest market size for forestry across the top 20 developed countries, with demand reaching USD14.2 billion in 2022. Western Forest Products Inc is the largest company in Canada, generating 3.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 6.3% of total production value in 2022. The total number of companies increases in 2022, to 18,182 units. The costs of the industry increase by 5.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 23.6% of production value in 2022, the 11th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 7.9% of total production output. With production value of USD13.1 billion, Canada accounts for 29.2% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Forestry in Canada: ISIC 2. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forestry in Canada: ISIC 2 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.See All of Our Definitions
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