Industry Analysis & Industry Trends
The Glazing Services industry has grown despite uncertain economic conditions and faltering construction activity. Industry revenue is expected to grow at a compound annual rate of 1.6% over the five years through 2012-13 despite subdued private investment affecting residential and commercial construction. This subdued investment has affected growth due to the industry's reliance on private construction markets. Increased public capital expenditure and a stable automotive glazing market have mitigated the effect of the global downturn, however. Economic stimulus packages assisted the industry directly, as glazing service providers benefited from infrastructure improvements. Revenue is forecast to grow by 2.0% in 2012-13, to total $1.98 billion... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a low level of capital intensity, with $20.20 being spent on labour for every dollar spent on capital in 2012-13. Glazing services typically require greater levels of machinery in the fabrication of glass, however cutting and installing is more time intensive and requires only basic tools for the majority of jobs. Only commercial focused operators own significant amounts of expensive machinery such as glazing robots and glazing robot crane attachments for glass panelling and curtains. Due to depreciation costs and the need to store equipment whilst not been used, as well as transportation costs, most businesses chose to hire equipment based on need. Therefore depreciation rates tend to be low in the industry, approximately 1.5%... purchase to read more