NAICS Code 11311 - Timber Tract Operations

NAICS 11311 - Timber Tract Operations

NAICS 11 - Agriculture, Forestry, Fishing and Hunting
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 113 - Forestry and Logging
  NAICS 111 - Crop Production NAICS 112 - Animal Production NAICS 113 - Forestry and Logging NAICS 114 - Fishing, Hunting and Trapping NAICS 115 - Support Activities for Agriculture and Forestry
  - NAICS 1131 - Timber Tract Operations
    NAICS 1131 - Timber Tract Operations NAICS 1132 - Forest Nurseries and Gathering of Forest Products NAICS 1133 - Logging
    - NAICS 11311 - Timber Tract Operations
      NAICS 11311 - Timber Tract Operations

This industry comprises establishments primarily engaged in the operation of timber tracts for the purpose of selling standing timber.

Industry trends:

The Timber Tract Operations industry (NAICS 11311) has been witnessing several qualitative trends. There is a growing focus on sustainable forestry practices, driven by increasing environmental awareness and regulatory pressures. Companies are adopting more eco-friendly operations, such as selective logging and reforestation, to meet both legal requirements and consumer expectations for sustainable products.

Technological advancements are also reshaping the industry. The use of drones, GIS mapping, and advanced data analytics is improving forest management and operational efficiency. These technologies enable better monitoring of forest health, more accurate inventory assessments, and optimized harvesting schedules.

Market dynamics are influenced by fluctuating demand for timber in construction, paper, and other industries. The rise in popularity of wood as a renewable construction material is boosting demand, while the paper industry’s shift towards digital alternatives creates a counterbalancing effect.

Looking ahead, the industry is expected to see continued emphasis on sustainability and technological integration. Companies that invest in eco-friendly practices and advanced technologies are likely to gain a competitive edge. Regulatory policies focused on carbon sequestration and forest conservation could also drive changes in operational practices.

Furthermore, international trade dynamics and efforts to combat illegal logging will shape the industry's landscape. As global markets evolve, timber operations may need to adapt to changing trade agreements and sustainability certifications to maintain market access and reputation.

This industry is comprised of:

Timber tract operations

Explore related industries:

NAICS 32111 - Sawmills and Wood Preservation NAICS 71219 - Nature Parks and Other Similar Institutions NAICS 42131 - Lumber, plywood, millwork, and wood panel wholesalers

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