Industry Analysis & Industry Trends
The Material Handling Equipment Distributors industry has faced turbulent conditions driven by the mining boom over the past five years. The unprecedented investment in the development of Australia's mineral and energy resources lifted industry sales to new heights in 2012-13, but the subsequent weakening of commodity prices and the scaling back of investment in the Mining division has resulted in a dramatic decline in the industry's performance.
Over the five years through 2014-15, only moderate growth in industry revenue is projected, masking a wide cyclical fluctuation in sales. Industry revenue is projected to increase by an annualised 1.6%, to total $8.8 billion. Industry revenue is projected to contract by 5.2%... purchase to read more
Industry Report - Industry Locations Chapter
The industry's geographic spread broadly matches the distribution of nation population and economic activity. The three most populace states, New South Wales, Victoria and Queensland, account for about three quarters of total industry establishments. Multinational companies tend to located in the business hubs of Sydney and Melbourne, within close proximity to a skilled labour force, major suppliers and customers, access to transport infrastructure for the import and delivery of equipment. Distributors generally tend to set up establishments near manufacturers and purchasers to increase efficiency and reduce transport costs, which can be significant due to the size of industry products... purchase to read more