Shelved: Import penetration and substitute competition have weakened revenue growth

The Metal Furniture Manufacturing industry sells metal furniture used for storage in offices and other business premises, and specialist applications in hospitals, schools and the general household market. The industry has continued to lose market share to low-cost imports since the late 2000s and product substitution by non-metal furnishings. The industry has also been affected by the growing popularity of electronic information storage rather than storing paper records in metal filing cabinets.Industry revenue is expected to increase at an annualised 0.7% over the five years through 2019-20, to total $723.0 million. Revenue is projected to fall short of the projected growth in domestic demand for metal furniture products over the same period at more.

Industry Statistics & Market Size
Annual Growth 15-20
Forecast Growth 20-25
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Imports have increased as a share of domestic demand, at the expense of local manufacturers
  • Profit margins have tightened due to competition from imported furniture and substitute products
  • Growth in international trade and online retail is expected to drive demand for warehouse shelving
  • Industry Report - Industry SWOT Analysis Chapter

    The industry is in the declining phase of its life cycle. Trends in domestic business investment and activity in the non-residential building market largely determine demand for metal furniture products. The decline also stems from exposure to substantial competition from low-priced imports, and ongoing substitution by alternative products made of PVC and composites.Industry value added (IVA), which indicates the industry's contribution to the overall economy, is forecast to increase marginally by an annualised 0.6% over the 10 years through 2024-25. This is lower than projected growth in Australia's GDP of an annualised 2.6% over the same period and indicates the industry is shrinking as a share of the overall economy. The...purchase to read more.

    Additional Insights for the Metal Furniture Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Metal Furniture Manufacturing are:

  • Automation - reduces costs, particularly those associated with labour
  • Access to the latest available and most efficient technology and techniques
  • Downstream ownership links
  • IBISWorld analysts also discuss how external factors such as Demand from commercial and industrial building construction and Demand from institutional building construction in the Metal Furniture Manufacturing industry impact industry performance..

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    What's in this report

    What is the Metal Furniture Manufacturing Industry?

    Industry companies manufacture furniture, storage structures, shelving or parts of furniture predominantly from metal, including sheet metal, tubular metal or other forms of metal.

    Industry Products
  • Office and general business furniture
  • Large-scale complex storage systems
  • Specialist institutional furniture
  • Domestic metal furniture
  • Industry Activities
  • Metal cabinet
  • Metal compactus
  • Metal disassembled furniture
  • Metal filing cabinet
  • Metal furniture fittings
  • Metal furniture part
  • Other metal furniture
  • Metal screen partition
  • Metal shelving
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from commercial and industrial building construction
  • Demand from institutional building construction
  • Demand from residential building construction
  • Real household discretionary income
  • Trade-weighted index
  • Domestic price of iron and steel

  • Current Performance
  • Import penetration
  • Key building trends
  • Profitability trends
  • Competition from substitutes
  • Chart: Revenue Growth

  • Industry Outlook
  • Key building trends
  • Profitability trends
  • Table: Metal Furniture Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Metal Furniture Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wholesale Trade
  • Education and Training
  • Consumer Goods Retailing
  • Finance
  • Professional Services

  • Key Selling Industries
  • Iron Smelting and Steel Manufacturing
  • Paint and Coatings Manufacturing

  • Products & Services
  • Office and general business furniture
  • Large-scale complex storage systems
  • Domestic metal furniture
  • Specialist institutional furniture
  • Chart: Metal Furniture Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial customers
  • Retail (household) customers
  • Institutional customers
  • Industrial customers
  • Chart: Major Market Segmentation for the Metal Furniture Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Metal Furniture Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Metal Furniture Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Metal Furniture Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Metal Furniture Manufacturing Industry
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Custom made or manufactured to the customer's specifications.
  • Cad
  • Computer-aided design, software used to design a product.
  • Cam
  • Computer-aided manufacturing, an application technology used to facilitate and automate manufacturing processes.
  • Cnc
  • Computer numeric control, used with routers and cutters to produce a product from CAD-CAM technology.
  • Commercial Furnishings
  • Furniture products that are principally used for commercial or business purposes. These include desks, partitions, storage units, and shelving systems.
  • Occasional Furniture
  • Furniture products not specifically allocated a room or function. This includes coffee and side tables, buffet cabinets and entertainment units.
  • Sheet Metal
  • A sheet of metal formed into a thin plate. Can vary significantly in thickness from foil or leaf, through to plate thicker than 6 millimetres.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Metal Furniture Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Metal Furniture Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Metal Furniture Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Metal Furniture Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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