Industry Analysis & Industry Trends
The Gravel and Sand Quarrying industry produces raw materials that are mainly used in construction products and landscaping supplies. The industry's performance has been subdued over the past five years, largely due to low building construction growth and weak demand from concrete manufacturing companies. In particular, difficult operating conditions in 2012-13 and 2014-15 affected the industry's growth rate, as the activity in some construction industries slowed. Additionally, the reduced public sector spending on heavy industry and other non-building construction over the past five years has resulted in lower sand and gravel demand from this market.
Industry revenue is projected to increase by an annualised 1.7% over the five years through 2016-17, to $688.5 million... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Gravel and Sand Quarrying industry has a moderate level of concentration, with the four largest firms accounting for an estimated 60.9% of industry revenue in 2016-17. This is up from 58.1% in the past five years due to several major players expanding via acquisitions and the opening of new quarries. Most major players have Australia-wide operations, and each has a relatively large number of quarries. The major players each use a substantial share of the sand and gravel from company-owned quarries in the manufacture of intermediate or secondary construction materials, such as concrete, asphalt, tiles or bricks.
A large number of independent operators, which often concentrate on particular regional areas, account for the remainder of the industry... purchase to read more