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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The Natural Rubber Product Manufacturing industry is feeling the pressure of globalisation, high wage costs and a strong local currency. These challenges are significant and for some businesses, insurmountable. The volatile price of rubber has led to soaring costs within the industry. Industry revenue is forecast to increase by an annualised 3.3% over the five years through 2013-14, to reach $904.7 million. This rise is due to a 20.5% fall during 2008-09, which created a low starting point. Therefore the overall revenue growth is not representative of trends in the industry over the past five years.

The global financial crisis led to a decline in demand across most segments of the industry, which meant that manufacturers struggled to maintain revenue growth... 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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