Industry Report - Industry SWOT Analysis Chapter
The Motor Vehicle Dismantling and Used Parts Wholesaling industry is in the mature phase of its life cycle. Over the 10 years through 2023-24, industry value added, which measures the industry's contribution to the overall economy, is expected to increase at an annualised 0.2%, compared with annualised growth in Australian GDP of 2.7% over the same period. As a result, the industry is expected to underperform the wider economy.Industries that operate in the mature phase of their life cycle generally demonstrate slow value added growth relative to the overall economy. The...purchase to read more.
Additional Insights for the
Motor Vehicle Dismantling and Used Parts Wholesaling
Industry
IBISWorld has determined the most important Key Success Factors for the Motor Vehicle Dismantling and Used Parts Wholesaling are:
Effective product promotion Prompt delivery to market Having a good technical knowledge of the product
IBISWorld analysts also discuss how external factors such as Average age of vehicle fleet and Demand from motor vehicle body, paint and interior repair in the Motor Vehicle Dismantling and Used Parts Wholesaling industry impact industry performance..
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