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Natural Rubber Product Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Natural Rubber Product Manufacturing Market Research Report | ANZSIC C1920 | Apr 2014

Bouncing back: Demand from mining and construction helps revenue growth

IBISWorld’s Natural Rubber Product Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$905m
Annual Growth 09-14
3.3%
Annual Growth 14-19
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Profit
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Employment
2,559
Businesses
187
Industry Analysis & Industry Trends

As with numerous manufacturing industries in high labour cost countries such as Australia, the Natural Rubber Product Manufacturing industry is facing stiff competition from imports on the back of the strong Australian dollar. Local manufacturers are finding it increasingly difficult to compete on prices, much to the detriment of the industry. In addition, demand from major markets such as the Motor Vehicle Manufacturing industry is weakening and is therefore unable to offer much respite. However, industry revenue is estimated to increase by an annualised 3.3% over the five years through 2013-14. This growth is mainly due to a recovery from a large fall in 2008-09. Industry revenue is expected to grow by 5.4% to $904.7... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Natural Rubber Product Manufacturing industry is in the decline phase of its life cycle. This is due largely to the diminishing importance of manufacturing in Australia and increasing import competition from low labour cost countries, particularly in Asia. The industry's contribution to the economy (industry value added) is estimated to decline by an annualised 0.8% over the 10 years through 2018-19. In contrast, the economy is expected to grow, with GDP forecast to increase by an annualised 2.6%. The drop in industry value added suggests that the industry's economic contribution is shrinking in proportion to the economy. Consequently, the industry is in the decline stage of its life cycle... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Natural Rubber Product Manufacturing Industry?

Operators in this industry are mainly engaged in manufacturing a wide variety of products made from natural rubber that are not elsewhere classified. Products manufactured range from bath mats and floor coverings, to conveyor belts and tubing.

Industry Products
Sponge and foam rubberRubber hoses and beltsRubber floor coveringsRubber seals and washers
 
Industry Activities
Natural rubber bath matNatural rubber conveyor beltResilient natural rubber floor covering or underlayNatural rubber mattress protectorNatural rubber spongeNatural rubber tubingNatural rubber washer


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