Industry Analysis & Industry Trends
The industry has recovered relatively well over the five years through 2013-14. Companies looked to hold off on the maintenance of their trucks at the beginning of the five-year period, causing a slight decline. However, this was quickly offset by the growing demand from downstream industries. As momentum builds, industry revenue is forecast to grow by 3.5% in 2013-14.
The performance of the Heavy Duty Truck Parts Wholesalers industry is highly dependent on demand from final markets for its goods, such as the Road Freight Transport industry. Road freight companies tend to use more trucks than any other industry. These trucks are often large, articulated trucks transporting heavy loads... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low share of concentration, as the major players account for less than 40.0% of industry revenue. Such is the level of fragmentation in the industry, major players are expected to account for less than 20.0% of revenue in the current year. The industry is dominated by small businesses. In the past five years there have been limited signs of consolidation within the industry. This was largely prompted by the slump in demand for industry products in 2008-09 and the after-effects this drop off had on industry profitability. Over the past five years already large players have been able to expand their presence in the market... purchase to read more