The market is dominated by domestic suppliers, as imports account for 10.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 87.3% of total demand in 2022. China has the largest market size for forestry regionally, with demand reaching USD128 billion in 2022. China Jilin Forest Industry Group Co Ltd is the largest company in China, generating 2.1% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 2.2% of total production value in 2022. The total number of companies increases in 2022, to 345,065 units. The costs of the industry decrease by 0.1% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 2.8% of production value in 2022, the 19th highest regionally. With production value of USD108 billion, China accounts for 53.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Forestry in China: 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 China: 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.
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