Industry Analysis & Industry Trends
The Material Handling Equipment Distributors industry has faced turbulent conditions driven by the resources 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 caused a dramatic decline in the industry's performance. The supply of equipment through leasing arrangements can help stabilise the industry's income stream and mitigate the volatility arising from fluctuations in interest rates and foreign exchange rates.
Over the five years through 2015-16, industry revenue is projected to decline by an annualised 1.6% due to wide cyclical fluctuations in sales... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry is considered to have a low level of market share concentration. The top four firms are estimated to contribute one-quarter of industry revenue in 2015-16. The level of concentration is estimated to have fallen in recent years reflecting the winding back of sales to the mining and infrastructure markets where the larger players are most dominant... purchase to read more