Industry Analysis & Industry Trends
The Heavy Duty Truck Parts Wholesalers industry sells locally and internationally made truck parts to retailers and repair stores, for use in the repair and maintenance of trucks. The industry, while separated from the Road Freight Transport industry by intermediaries, depends on final demand from truck drivers for parts. Growing freight transport demand, an old vehicle fleet and increases in the number of trucks on the road favour the industry. The performance of the Heavy Duty Truck Parts Wholesalers industry depends on demand from final markets, 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 Analysis Chapter
The Heavy Duty Truck Parts Wholesalers industry's final market is truck owners, with the industry selling directly to truck retailers and repair stores. Demand for truck parts is a function of the number of trucks on the road, their relative ages and the intensity with which they are used. These variables are all related to the demand for road freight, which has expanded steadily over the long term in line with growth in the Australian economy and trade.
The global financial crisis had a strong effect on freight markets, as demand for transport of goods fell and excess capacity emerged. This affected demand for industry products, with industry revenue dipping in 2009-10, before rebounding over the remainder of the five-year period... purchase to read more