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. The industry currently generates revenue totalling $725.0 million, up by 2.1% on 2012-13, and representing a decline of an annualised 6.1% over the five years through 2013-14. This poor performance reflects the declining trend in the downstream non-residential building market over the five years, particularly the slump in the value of commercial and industrial building construction in the aftermath of the global financial crisis... 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 fully outsourcing 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