The Business Research Company’s latest report Forestry And Logging Global Market Report 2020 covers Forestry And Logging market drivers, Forestry And Logging market trends, Forestry And Logging market segments, Forestry And Logging market growth rate, Forestry And Logging market major players, and Forestry And Logging market size. The report provides in-depth analysis of the impact of COVID-19 on the Forestry And Logging industry, along with revised market numbers due to the effects of the coronavirus.
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Forestry And Logging Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply c hain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global forestry and logging market is expected to decline from $509.8 billion in 2019 to $494 billion in 2020 at a compound annual growth rate (CAGR) of -3.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $544.2 billion in 2023.
The report covers the Forestry And Logging market’s segments-
1) By Type: Logging, Timber Tract Operations, Forest Nurseries and Gathering of Forest Products
2) By Application: Construction, Industrial Goods, Others.
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