The 2023-2028 World Outlook for Forestry and Logging

The 2023-2028 World Outlook for Forestry and Logging

This study covers the world outlook for forestry and logging across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers forestry and logging as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for forestry and logging is 3331113132. It is for this definition that aggregate latent demand estimates are derived. Forestry and logging is specifically defined as follows:

3331113132 Sprayers and dusters, power sprayers, field and row crop type, other than tractor mounted, other power sprayers, over 4 g.p.m.