Down the tube: Revenue falls as domestic firms struggle to compete with imports and substitutes

Firms in the Copper Tubes and Wire Manufacturing industry have contended with difficult trading conditions over the past five years. Industry operators have faced significant competition from imports over the period, as low-cost manufacturers from Papua New Guinea and Japan have increasingly dominated the domestic market. Overseas manufacturers typically operate with lower labour and overhead costs than Australian manufacturers. These characteristics enable foreign firms to pass on cost savings to customers in the form of lower prices, without reducing profitability. Competition from substitute products has also intensified over the past five years. Plastic tubes and fittings have increasingly been used as a substitute for copper piping in construction and plumbing more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • Industry revenue has fallen due to strong competition from cheap imported products
  • Industry enterprise and establishment numbers have declined over the past five years
  • Rising import competition is projected to increasingly limit industry demand
  • Industry Report - Industry Investment Chapter

    The industry displays a moderate level of capital intensity. In 2018-19, for every dollar spent on wages, an estimated $0.18 is invested in capital. Industry firms need to invest in significant amounts of equipment and technology. Larger firms in particular invest in automated machinery to lower their production costs and benefit from economies of scale. The machinery used by the industry tends to depreciate slowly, and requires skilled employees to operate it. The complex nature of production requires firms to employ a range of skilled staff such as engineers and quality controllers, along with auxiliary staff such as administrative workers. Ove...purchase to read more.

    Additional Insights for the Copper Tubes and Wire Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Copper Tubes and Wire Manufacturing are:

  • Establishment of export markets
  • Guaranteed supply of key inputs
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from electric cable and wire manufacturing and US dollars per Australian dollar in the Copper Tubes and Wire Manufacturing industry impact industry performance..

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    What's in this report

    What is the Copper Tubes and Wire Manufacturing Industry?

    Companies in the industry primarily roll, draw and extrude non-ferrous metals into bars, rods, tubes, wires and sheets. Firms that manufacture non-ferrous metal powders and flakes are also included in the industry. Aluminium product manufacturing is excluded from the industry.

    Industry Products
  • Copper and other base metal products
  • Silver and platinum products
  • Scrap waste and other products
  • Industry Activities
  • Copper tube
  • Copper wire
  • Non-ferrous metal bar
  • Non-ferrous metal rod
  • Non-ferrous metal tube
  • Non-ferrous metal wire
  • Non-ferrous metal sheet
  • Non-ferrous metal powder and flake
  • 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 electric cable and wire manufacturing
  • US dollars per Australian dollar
  • World price of copper
  • Demand from construction
  • Demand from plumbing services

  • Current Performance
  • Downstream markets
  • Industry participation
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Consolidation
  • International trade
  • Table: Copper Tubes and Wire Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Copper Tubes and Wire Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Spring and Wire Product Manufacturing
  • Household Appliance Manufacturing
  • Electric Cable and Wire Manufacturing
  • Plumbing Services

  • Key Selling Industries
  • Copper Ore Mining
  • Copper, Silver, Lead and Zinc Smelting and Refining

  • Products & Services
  • Copper and other base metal products
  • Scrap waste and other products
  • Silver and platinum products
  • Chart: Copper Tubes and Wire Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Electric cable and wire manufacturers
  • Plumbing contractors
  • Scrap recycling companies
  • Household appliance manufacturers
  • Automotive equipment manufacturers
  • Other
  • Chart: Major Market Segmentation for the Copper Tubes and Wire 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 Copper Tubes and Wire Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Copper Tubes and Wire Manufacturing Industry

  • Industry Globalization
    MML Holdings Pty Limited,
  • Table: MML Holdings Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Copper Tubes and Wire 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 Copper Tubes and Wire 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)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A material, usually a metal, which is cast into a shape suitable for further processing.
  • Non-Ferrous
  • Non-ferrous metals are metals or alloys that do not contain appreciable amounts of iron.
  • Re-Export
  • The export of products that have been imported, with little to no modification performed locally.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Copper Tubes and Wire Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
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    • Identify threats and opportunities
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    This report on Copper Tubes and Wire 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 Copper Tubes and Wire 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 Copper Tubes and Wire Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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