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Machine Tool Wholesalers in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Machine Tool Wholesalers Market Research Report | Industrial Machinery, Gas & Chemicals | Industrial Parts Dealers | Nov 2013

Tool trouble: Weak demand from manufacturers will constrain revenue growth

IBISWorld’s Machine Tool Wholesalers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
3.6%
Annual Growth 14-19
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Profit
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Employment
4,556
Businesses
5,202
Industry Analysis & Industry Trends

Machine tool wholesalers purchase goods from manufacturers then onsell them to clients. Most of the players in the industry are diverse wholesalers that specialise in a wide range of products, with machine tools comprising just one of their product segments. Industry revenue is forecast to grow at annualised 3.6% over the five years through 2013-14 to reach $3.06 billion. This growth is expected to be supported by strong demand from manufacturing industries with exposure to the mining sector. Clients in other manufacturing industries are likely to have contributed significantly less to demand over the same period. In this sense, the Machine Tool Wholesalers industry is demonstrative of a two-speed economy... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the declining phase of its life cycle. Industry valued added is forecast to grow at annualised 2.0% over the ten years through 2018-19. This is lower than the forecast annualised growth rate of GDP of 2.5% over the same period. The decline is primarily caused by diminishing demand from downstream industries. A majority of customers are manufacturing businesses, which have been struggling to attain growth over the past five years. Australia as a whole is currently transitioning to a service-based economy, which is expected to put further pressure on manufacturers. Additionally, the temporary boost provided by the surge of mining investment over the past five years is beginning to wear off... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Machine Tool Wholesalers Industry?

This industry wholesales machine tools. Products include powered metalworking machinery, such as lathes, bores, drills, grinders, buffers, chamfers and polishers. Some of the firms are vertically integrated, from production through distribution.

Industry Products
Metal-cutting toolsMetal-forming toolsOther material cutting or forming toolsWoodworking toolsJoining tools
 
Industry Activities
Metal-cutting toolsMetal-forming toolsWoodworking toolsOther material cutting or forming toolsJoining toolsMetal-cutting toolsMetal-forming toolsWoodworking toolsOther material cutting or forming toolsJoining tools


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