Wood & Wood Products

Wood & Wood Products Industry

What is Wood & Wood Products Industry?

Solid wood products include lumber, veneer and plywood, furniture, poles, piling, mine timbers, and posts; and composite wood products such as laminated timbers, insulation board, hard-board, and particle board.

In addition to well-known products such as lumber, furniture, and plywood, wood is the raw material for wood-based panels, pulp and paper, and many chemical products.

The wood industry or lumber industry is the industry concerned with forestry, logging, timber trade, and the production of primary forest products and wood products (e.g. furniture) and secondary products like wood pulp for the pulp and paper industry. Some of the largest producers are also among the biggest owners of timberland. The wood industry has historically been and continues to be an important sector in many economies.

Before we get into all of the different wood varieties and their common uses, it’s important to understand the three basic types of wood you might encounter. These three types are: softwoods, hardwoods, and engineered wood. Each of these different wood types can be used in a number of different ways.

Role of Shamkris

A Project Report is a document that provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.

Shamkris will provide a Project report covering Industry License requirements, competitor analysis, Land requirements, machinery requirements, equipment requirements, and financial requirements.

Some of the areas covered in the project report are outlined below:

Introduction
Project Description
Uses and Applications
Market Survey
Raw Materials
Manufacturing Process
Process Description
Process Flow Diagram
Plant Layout
Details of Plant & Machinery
Suppliers of Raw Materials
Suppliers of Plant & Machinery
Plant Location Factors
Land & building Required
Power and Water Required
Details of Manpower Required
Financials of the Project
License and application Certificate

Financials of the Project includes:

Land and Building Costs
Plant and Machinery Costs
Other Fixed Assets
Fixed Capital Investment
Raw Material Costs
Salaries and Wages
Total Working Capital
Cost of Project
Total Capital Investment
Cost of Production
Turnover per Annum
Profitability Analysis
5-year Profit Analysis
Break-even Point
Resources of Finance
Cash Flow Statement
Projected Balance Sheet

FAQ

What industry is wood products?

The wood product manufacturing subsector is part of the manufacturing sector. Industries in the Wood Product Manufacturing subsector manufacture wood products, such as lumber, plywood, veneers, wood containers, wood flooring, wood trusses, manufactured homes (i.e., mobile homes), and prefabricated wood buildings.

What industry uses the most wood?

IKEA is likely the world’s largest single consumer of wood using a staggering 1% of the world’s wood every year. The wood is needed to make the roughly 100 million pieces of furniture sold in its roughly 300 global stores, annually.

How do you manufacture wood products?

Plywood and composite panels are manufactured by peeling, slicing, or chipping wood to create a raw material, pressing and gluing these raw materials into panels, engineered wood shapes, and other wood products, and setting the glue with the application of heat.

What is wood based industry?

Wood based industries means any industry or processing unit whose primary raw material is wood or wood based products including round or sawn wood, softwood, pulpwood, plywood, veneers, wood chips, pulp, but does not include bamboos and their products.