NEW YORK, Feb. 8, 2022 /PRNewswire/ -- The latest analysis from BizVibe, a leading company insights platform, provides detailed insights for hundreds of timber transport companies and over 1,000 logging companies worldwide. BizVibe's timber transport company insights highlight the strong influence that high demand throughout the pandemic is having for market participants.
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Key Industry Trend – Resilient Demand during COVID-19 Pandemic
Demand for many paper products has either remained steady or risen during the global pandemic. Online orders have skyrocketed, leading to increased demand for paper shipping products such as cardboard boxes, mailers, and other items. Face masks and disinfecting wipes are also in very high demand.
There are other factors influencing the logging industry as well. The growing focus on sustainability means that companies are increasingly adopting paper and cardboard materials over plastic for packaging and other products. This, combined with the continuing rise in popularity of e-commerce, is expected to drive the logging industry well after the end of the pandemic. In turn, the high demand for timber will drive demand in the timber transport industry.
Trend Geographic Relevance – High Relevance Globally
The heightened demand for paper products is impacting logging and timber transport companies around the world, and timber export revenues are rising everywhere. Many countries are hitting record numbers for lumber-related purchases and profits. Demand is particularly high in the Asia-Pacific region, which for the past several years has accounted for a substantial percentage of the global market, though growth is particularly high in MEA and South America.
View All Timber Transport Company Insights on BizVibe
- Detailed analysis of 100+ timber transport companies
- Risk of doing business for all timber transport companies
- Industry trends and challenges expected to impact timber transport companies
- Regional, national, and global competitors/similar companies
- Key products and services for each timber transport company
- List of key executives and decision makers for each timber transport company
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SOURCE BizVibe
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