Hard times: Increasing import competition has caused industry revenue to decline

The Concrete Product Manufacturing industry produces a range of products that are key inputs in most construction markets. Industry products include pipes and box culverts; bricks and blocks; cement-based building boards; floor, wall and roofing tiles; and precast panels and posts. Competition from imports has intensified over the past five years, with imports expected to satisfy 13.7% of domestic demand in 2017-18, up from 7.0% in 2012-13.The industry's performance has been erratic over the past five years, reflecting wide annual fluctuations in demand from key construction markets. Industry revenue is projected to decline by an annualised 0.5% over the five years through 2017-18, to total $2.4 billion...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • The four largest players are estimated to account for over 60% of industry revenue
  • Domestic demand for concrete products has increased modestly over the past five years
  • Profit margins are likely to tighten in the short term as firms face challenging demand conditions
  • Industry Report - Industry Investment Chapter

    The industry's overall degree of capital intensity is considered to be medium. The industry's many small-scale operators tend to have more labour-intensive production processes, while the largest manufacturers operate with a substantial level of sunken capital into highly automated production facilities.An industry's labour costs-to-depreciation ratio is indicative of its degree of labour and capital intensity of production. Wage costs absorb about 19.7% of revenue in 2017-18 while depreciation charges represent about 4.0% of industry revenue. This indicates the industry has a medium level of capital intensity, allocating $4.93 on labour inputs, for every dollar spent on capital equipment. The...purchase to read more.

    Additional Insights for the Concrete Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Concrete Product Manufacturing Industry are

  • Having a good technical knowledge of the product
  • Proximity to key markets
  • Upstream vertical integration (ownership links)
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from heavy industry and other non-building construction in the Concrete Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Concrete Product Manufacturing Industry?

    Operators in the Concrete Product Manufacturing industry produce concrete products, including aerated and composite products. Industry products are used for a range of construction and ornamental applications.

    Industry Products
  • Concrete pipes and box culverts
  • Bricks, blocks and pavers
  • Building boards
  • Concrete roof tiles
  • Posts, poles and railway sleepers
  • Beams, trusses and concrete panels
  • Industry Activities
  • Autoclaved aerated concrete products
  • Concrete bricks, blocks and tiles
  • Cement-based building boards
  • Concrete-styrofoam composite products
  • Monument, grave marker, flowerpot and ornament
  • Prefabricated concrete panel
  • Concrete post or pole
  • Concrete pipe and box culvert
  • Railway concrete sleeper
  • Tank, sink and tub
  • 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 residential building construction
  • Demand from heavy industry and other non-building construction
  • Demand from non-residential building construction
  • Actual capital expenditure on mining
  • Capital expenditure by the public sector
  • Demand from road and bridge construction

  • Current Performance
  • Profit and competition
  • Construction

    market trends

  • Chart: Revenue Growth

  • Industry Outlook
  • Profitability rebounds
  • Construction markets
  • Table: Concrete Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Concrete Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Water Supply
  • House Construction
  • Road and Bridge Construction
  • Heavy Industry and Other Non-Building Construction
  • Commercial and Industrial Building Construction

  • Key Selling Industries
  • Cement and Lime Manufacturing
  • Electricity, Gas, Water and Waste Services
  • Metal and Mineral Wholesaling
  • Rock, Limestone and Clay Mining

  • Products & Services
  • Concrete pipes and box culverts
  • Building boards
  • Bricks, blocks and pavers
  • Concrete roof tiles
  • Posts, poles and railway sleepers
  • Beams, trusses and concrete panels
  • Chart: Concrete Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential building contractors and developers
  • Non-residential building contractors and developers
  • Government agencies
  • Other private contractors and developers
  • Chart: Major Market Segmentation for the Concrete Product 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 Concrete Product Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Concrete Product Manufacturing Industry

  • Industry Globalization
    Fletcher Building Limited, CSR Limited, James Hardie Industries Public Limited Company, Brickworks Ltd, Holcim (Australia) Holdings Pty Ltd, Adelaide Brighton Ltd, Boral Limited,
  • Table: Fletcher Building Limited - financial performance
  • Table: CSR Limited - financial performance
  • Table: James Hardie Industries Public Limited Company - financial performance
  • Table: Brickworks Ltd - financial performance
  • Table: Holcim (Australia) Holdings Pty Ltd - financial performance
  • Table: Adelaide Brighton Ltd - financial performance
  • Table: Boral Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Concrete Product 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 Concrete Product Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Value of Building (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Autoclaved Aerated Concrete
  • A lightweight precast building material that can be used to erect structures and is fire and mould resistant.
  • Concrete
  • A construction material comprising cement, coarse and fine aggregate, water and chemical admixtures. When combined, this solidifies into a stone-like material.
  • Culverts
  • Precast concrete conduits that enclose a flowing body of water. They are used for road crossings, irrigation and drainage.
  • Pre-Stressed Concrete
  • Concrete products made with reinforcing cables, rods or wires that are tensioned before bearing a load.
  • Precast Concrete
  • Concrete products produced by casting in a reusable mould and curing at a controlled temperature.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Concrete Product 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:
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    • Identify threats and opportunities
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    This report on Concrete Product 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 Concrete Product 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 Concrete Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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