The market is dominated by domestic suppliers, as imports account for 10.3% of total market size in 2023. B2B drives market demand, with B2B spending representing 88.9% of total demand in 2023. China has the largest market size for forestry regionally, with demand reaching USD128 billion in 2023. China Jilin Forest Industry Group Co Ltd is the largest company in China, generating 2.1% of the industry’s total production value in 2023. The industry is fragmented, with the top two companies generating 2.3% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 0.5% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 2.8% of production value in 2023, the 19th highest regionally. With production value of USD108 billion, China accounts for 52.6% of the Asia Pacific total in 2023.
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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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