Industry Analysis & Industry Trends
The Metal Furniture Manufacturing industry sells metal furniture used in offices and other business premises, for complex storage systems, for specialist institutional applications (e.g. in hospitals, prisons, schools) and, to a lesser extent, for domestic purposes. Over the five years through 2014-15, the industry is expected to decline by an annualised 4.9%. It currently generates revenue totalling $705.0 million, up by 2.0% on 2013-14. This poor performance principally reflects the loss of the domestic market to imported furniture products. It also reflects the adverse demand conditions in the key building markets over the past five years, particularly the declining demand in the non-residential building market... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low concentration of ownership, with the four largest enterprises generate less than 10% of annual industry revenue. The degree of concentration has trended downwards in recent years as GUD Holdings Limited restructured its operations, closing two plants in Victoria and one in New South Wales to fully outsource its commercial manufacturing.
There are economies of scale in sheet metal furniture production, however the smaller manufacturers can generally compete by offering non-standard (bespoke) products or services (e.g. custom colouring)... purchase to read more