Industry Analysis & Industry Trends
The Window Coverings Manufacturing industry has undergone a difficult five-year period. Shoppers are becoming increasingly prudent and knowledgeable, making it harder for operators to get away with high profit margins. Domestic manufacturers are also facing growing competition from the online segment and imports, which has severely limited the industry's growth in the five years through 2012-13. IBISWorld estimates revenue to contract by 0.7% during 2012-13 to reach $809.6 million. The industry has not enjoyed a single year of growth since 2007-08 and industry revenue is expected to contract by an annualised rate of 0.9% in the five years through 2012-13.
The level of domestic demand in the industry has grown by about 0.4% per annum in the five years through 2012-13... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is currently in the declining stage of its life cycle. IBISWorld determines the life cycle of an industry by using several proxies including the Industry Value Added (IVA) estimate, the rate of technological change and the number of operators in the industry.
IVA for the Window Coverings Manufacturing industry in Australia is expected to decline at a compound rate of 0.6% in the 10 years through 2017-18. This decline rate is in contrast with Australia's GDP growth rate, which is forecast to grow at an annualised rate of 2.4% during the same time frame. This indicates that the industry's contribution to the Australian economy is declining and that the industry is growing slower compared to the overall economy... purchase to read more