Losing its shine: Offshoring and imports have constrained industry revenue growth

The Metal Furniture Manufacturing industry sells metal furniture to a range of downstream markets. Industry products are used for storage in offices and other business premises, and for specialist applications in hospitals, schools and the general household market. The industry has lost market share to low-cost imports since the late 2000s, and is subject to product substitution by non-metal furnishings. The industry has also been affected by the growing popularity of digital technologies for electronic storage of information rather than storing paper records in metal filing cabinets.Industry revenue is expected to increase by a marginal annualised 0.7%...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Imports have captured a greater share of domestic demand, at the expense of local manufacturers
  • Profit margins have tightened due to competition from imported furniture and substitute products
  • The popularity of online shopping is forecast to drive demand for warehouse shelving
  • Industry Report - Industry Locations Chapter

    Industry activity is heavily concentrated in the three most populous states, New South Wales, Victoria and Queensland. Substantial benefits are derived from locating businesses in these markets, including proximity to transport facilities and retailers (to minimise transport costs and time delays); access to a large commercial and industrial customer base in capital cities; and access to key suppliers of material inputs. The current distribution of industry activity by state and territory is derived from the annual Counts of Australian Businesses (ABS Cat 8165.0), which indicates that 86.3% of industry enterprises are located in the three most populous states, well above their combined share of the national population (77.7%).New South Wales accounts for 31.2% o...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

  • 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
  • Profit
  • Purchases
  • Wages
  • Depreciation and rent
  • Other
  • 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 (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Custom made or manufactured to the customer's specifications.
  • 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?

    The Metal Furniture Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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
    • Quickly build competitive intelligence
    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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