Industry Analysis & Industry Trends
Australia's Glass and Glass Product Manufacturing industry services two key markets: the glass container market and the flat-glass market (including fabricated glass products). The industry comprises three dominant players – Owens-Illinois Australia, Amcor and Viridian (CSR Limited) – which together contribute more than half of industry revenue.
The domestic market is expected to total $3.2 billion in 2013-14, with imports capturing about 18.7% of the market and export earnings contributing 3.0% of industry revenue. The industry is projected to generate revenue of $2.7 billion in 2013-14, representing modest growth by 1.9% over 2013-14, stemming from the upswing in housing construction and particularly new apartment developments... purchase to read more
Industry Report - Industry Investment Chapter
The industry is considered to have a high degree of capital intensity. A high level of sunken capital is required to establish a plant capable of obtaining scale economies and competing effectively with international manufacturers.
Labour costs currently total 18% of industry revenue, while annual depreciation charges represent approximately 7.5% of industry revenue. Therefore, the industry has a labour costs to capital depreciation ratio of about 2.4:1, or less than the average for the Manufacturing division (5:1). The labour cost to capital depreciation ratio is indicative of the input of labour and capital per unit of output and this industry allocates $2.40 on labour for every $1.00 spent on capital equipment... purchase to read more