Industry Analysis & Industry Trends
The after-effects of the global financial crisis have subsided for plastic extruded product manufacturers. The industry makes almost all of its sales through construction, infrastructure and mining projects and the recent recovery of large-scale projects has been advantageous to industry growth.
A halt on big project spending is expected to caused industry revenue to decline by 4.7% during 2012-13, to $1.76 billion. Revenue is expected to rebound in the following year with growth of 2.2% as the economy recovers and government spending on construction and infrastructure picks up. The industry will then return to the slow growth that it posted prior to the financial crisis.
In the five years through 2012-13, revenue is expected to decline by an annualised 2.1%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Plastic Extruded Product Manufacturing industry is in the decline stage of its life cycle. Indicators of this include a decline in industry revenue and industry value-added, as well as tightening margins. There is consolidation among industry players, and technological developments are limited. Imports are meeting a greater proportion of domestic demand and squeezing out local manufacturers.
In the 10 years through 2017-18, industry revenue is forecast to decline by an annualised 0.9%. In addition, domestic demand is also expected to decline at a similar pace over the period. This is bad news for industry operators, which face a contracting market and increased competition... purchase to read more