Blog #Forestry Equipment Leasing

Early numbers look strong, but will import duties affect the forestry equipment industry moving forward? For a few years, the forestry equipment market has faced a period of stagnation. Luckily, many believe that in 2018, the U.S. hunger for forestry equipment will rebound in a big way. The U.S. is the largest market for this type of equipment, so it is fantastic news that industry reports from Freedonia Group predict that the United States will account for as much as 19% of all global product demand through 2021. What's the reason for this growing demand, and what effects are the forestry equipment industry already experiencing?