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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 | Feb 2013

Bouncing back: Small growth expected after industry restructure and rationalisation

IBISWorld’s Natural Rubber Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$843m
Annual Growth 08-13
-3.3%
Annual Growth 13-18
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Profit
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Employment
2,555
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 to this, demand from major markets such as the Australian motor vehicle manufacturing industry is weakening and is therefore unable to offer much respite. Consequently, industry revenue is estimated to decline by an annualised 3.3% over the five years through 2012-13 to reach $843.1 million. Industry revenue is expected to grow at a marginal 0.7%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Natural Rubber Product Manufacturing industry is deemed to be in the decline phase of its life cycle, due largely to the diminishing importance of manufacturing in Australia, along with 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 2.2% over the five years through 2017-18. Meanwhile, the economy is expected to grow, with GDP forecast to grow by an annualised 2.4% over the 10 years through 2017-18. The drop in industry value added and the growth in GDP suggests the industry's economic contribution is shrinking in proportion to the economy. Consequently, the industry is estimated to be 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?

This industry manufactures a wide variety of products made from natural or synthetic rubber that are not elsewhere classified. Products manufactured range from mattresses and floor coverings, to hot water bottles and rubber gloves.

Industry Products
Sponge and foam rubberRubber hoses and beltsRubber floor coveringsRubber seals and washersOther rubber consumer products
 
Industry Activities
Balloons and erasersBelting and V-beltsInflatable boats and dinghiesCushions and pillowsFloor coverings and ground sheetsMattresses and textile fabricsSponge and foam rubberTilesValves and washers


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