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Question

The timber industry is what type of industry?


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Solution

It is a part of primary industry in which it comes under extractive industry. The wood industry or lumber industry is usually private economic sector concerned with forestry, logging, timber trade, and the production of forest products.

  • The timber industry also provides markets for the by-products of forest management and restoration.
  • The top 3 largest producers of timber in the world are USA, India, China.
  • According to International Tropical Timber Organization (ITTO), in 2017, the industry of India produced in 2015 almost 50 million metre cube of logs.
  • India has a thriving range of industries for semi-processed and value-added timber products, including wooden handicrafts, pulp and paper, plywood and veneer and wooden furniture.
  • Timber is widely used in construction industry, used for making furnitures, boxes, crates etc.

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