Industry Analysis & Industry Trends
As with numerous manufacturing industries in Australia, the Natural Rubber Product Manufacturing industry is facing stiff competition from imports. Local manufacturers are finding it increasingly difficult to compete on prices, much to the industry’s detriment. In addition, demand from major markets such as the Motor Vehicle Manufacturing industry is weakening and is therefore unable to offer much respite. Industry revenue is estimated to increase at an annualised 0.2% over the five years through 2014-15. Growth has been relatively weak due to a strong rebound in 2009-10, after the financial crisis. Industry revenue is expected to grow by 3.5% to $925.3... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Natural Rubber Product Manufacturing industry exhibits a low level of market share concentration. The top four industry operators are estimated to account for less than 40% of industry revenue. The majority of participants in this industry are small-to-medium sized manufacturers, with the largest player Ansell, making up just 18.2% of industry revenue. Market share concentration is expected to have increased marginally over the past five years, due in part to Ansell's strong acquisition activity.
This industry produces a wide range of products made from natural rubber. Production processes for many of these products are not adaptable to other segments of the industry. The concentration at the production level is therefore much higher than that of the industry... purchase to read more