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 Locations Chapter
The distribution of industry establishments reflects the spread of downstream industries across Australia's states and territories. Victoria is home to the most industry establishments. The state is a hub for logistics, with a large and busy cargo port and road links to cheap warehouse space on the urban periphery. For these reasons, many wholesale businesses have their largest distribution centres in Victoria. In addition, the state is home to a large number of manufacturers, including automotive manufacturing industries, which are a source of final market demand for machine tools.
New South Wales and Queensland are also centres of industry activity. Wholesalers in these states are better placed to cater to final demand from the Mining division... purchase to read more