The top 75 companies in the timber products sector now have 50% of the market, according to the latest analysis from Plimsoll Publishing Ltd.
The study of the leading 1,000 companies found that the 75 firms increased their collective market share last year by 6%. They also experienced average sales growth of 16%, seeing their market size expand from £6.9bn to £8bn.
Finnforest (UK) Ltd was the best-known biggest company in the leading pack.
David Pattison, senior analyst at Stockton-based Plimsoll, said: “There is a real shift happening within the industry and these 75 companies are an early sign of where the market is going.”
