Pedal to the metal: Robust construction market demand from has driven industry growth

The Fabricated Metal Product Manufacturing industry manufactures a diverse range of products supplied as inputs to downstream manufacturing and construction markets, and products for households. The industry is exposed to competition from low-priced imports and from non-metal substitute products.Domestic demand for other fabricated metal products is expected to increase by an annualised 5.9% over the five years through 2017-18. Strong growth has been due to robust demand conditions across most construction markets, and additional stimulus associated with the Canterbury region’s reconstruction following earthquakes in 2010-11. Solid growth in household income and expenditure, driven by buoyant economic conditions, has also supported domestic demand...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 13-18
4.6%
Forecast Growth 18-23
Profit
Employment
17,270
Businesses
485
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth in construction activity and household incomes has driven demand for industry products
  • Industry firms have lost market share to import penetration and product substitution
  • Slowing growth in discretionary income is forecast to constrain spending on industry products
  • Industry Report - Industry Products Chapter

    The industry manufactures a range of fabricated metal products for a variety of end markets and applications. Most industry products are used in building construction or households.Construction productsConstruction products are projected to contribute 28.0% of industry revenue in 2017-18. This proportion has increased over the past five years due to strong growth in downstream building and infrastructure construction markets. This segment includes fabricated metal products installed during the construction process, such as fire sprinklers, pipe fittings and bathroom fittings. It also includes products used for construction, such as hand tools and drill bits, and products installed in new and existing buildings, such as metal awnings, blinds and clothes hoists...purchase to read more.

    Additional Insights for the Fabricated Metal Product Manufacturing Industry

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

  • Having a high profile in the market
  • Having links with suppliers
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from building construction and Demand from manufacturing in the Fabricated Metal Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Fabricated Metal Product Manufacturing in New Zealand Industry?

    Industry operators primarily manufacture metal hand tools, general hardware and other fabricated metal products. Industry goods include door handles, bathroom fittings, metal blinds, cutlery, locks and safes.

    Industry Products
  • Construction products
  • Household products
  • Security products
  • Other fabricated metal products
  • Hand tools and general hardware
  • Ammunition, firearms and other ordnance
  • Non-ferrous pipe fittings
  • Industry Activities
  • Ammunition, firearm and ordnance
  • Aluminium mast and tackle block
  • Drill, hand tool and garden tool (except pneumatic or power operated)
  • Fitting, valve and valve part
  • Knife, cutlery, razor and scissor
  • Metal turnstile and tubing
  • Non-ferrous metal pipe fitting
  • Pipe and tube fitting
  • Safe, key and locking hardware
  • Other fabricated metal product
  • 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 building construction
  • Demand from manufacturing
  • Real household discretionary income
  • Trade-weighted index
  • World price of aluminum
  • World price of steel

  • Current Performance
  • Profitability and participation
  • Factors driving demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit decline and job losses
  • Demand drivers
  • Table: Fabricated Metal Product Manufacturing Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Heating, Cooling and Ventilation Equipment Manufacturing in New Zealand
  • Construction in New Zealand
  • Industrial Machinery and Gaming Manufacturing in New Zealand
  • Hardware and Building Supplies Retailing in New Zealand
  • Consumers in New Zealand

  • Key Selling Industries
  • Metal and Mineral Wholesaling in New Zealand
  • Non-Ferrous Metal Product Manufacturing in New Zealand

  • Products & Services
  • Construction products
  • Household products
  • Security products
  • Other fabricated metal products
  • Hand tools and general hardware
  • Ammunition, firearms and other ordnance
  • Non-ferrous pipe fittings
  • Chart: Fabricated Metal Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction companies
  • Wholesalers and general retailers
  • Hardware retailers
  • Manufacturers
  • Other
  • Chart: Major Market Segmentation for the Fabricated Metal 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 Fabricated Metal Product Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fabricated Metal Product 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 Fabricated Metal 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 Fabricated Metal Product Manufacturing Industry
    Includes:
  • 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)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cad-Cam
  • computer-aided design (CAD) and computer-aided manufacturing (CAM) involves the use of computer systems and software to optimise the design of products and the production system.
  • Non-Ferrous Metal
  • Metals other than iron and steel. This includes zinc, aluminium, copper, lead, nickel, tin and titanium.
  • Ordnance
  • Military materials such as weapons, ammunition, combat vehicles and equipment.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Fabricated Metal Product Manufacturing in New Zealand 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:
    • 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 Fabricated Metal Product Manufacturing in New Zealand:
    • 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 Fabricated Metal Product Manufacturing in New Zealand 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 Fabricated Metal Product Manufacturing in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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