Knife's edge: Strong demand from construction markets sustains industry revenue growth

The Fabricated Metal Product Manufacturing industry supplies a range of products to downstream manufacturing and construction markets for use as inputs, and to wholesalers, retailers and other markets. The industry faces competition from low-priced imports and from non-metal substitute products. Strong demand conditions across most construction markets, including the additional stimulus associated with the Canterbury region's reconstruction, have underpinned the industry's performance over the past five years. Solid growth in household discretionary incomes and positive economic conditions have also supported the market for fabricated metal products over the period. Domestic demand for other fabricated metal products is expected to increase at an annualised 2.2%...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
0.7%
Forecast Growth 19-24
Profit
Employment
5,380
Businesses
920
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Imports have captured much of the growth in domestic demand over the past five years
  • The industry has lost market share to imports and substitutes over the past five years
  • Domestic demand is forecast to decline due to subdued activity in the residential building market
  • Industry Report - Industry Analysis Chapter

    Several factors have influenced the Fabricated Metal Product Manufacturing industry’s performance over the past five years. These factors include robust demand conditions in New Zealand’s construction markets, and higher demand from households due to solid growth in household discretionary income over the period. However, the industry has faced fierce competition from low-priced imports and non-metal substitute products in many segments over the past five years. This competition has contributed to narrowing industry product margins over the period.Domestic demand for fabricated metal products is expected to increase at an annualised 2.2% over the five years through 2018-19, to $2.2 billion. How...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 Real household discretionary income 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
  • Real household discretionary income
  • Demand from manufacturing
  • 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 markets
  • 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
  • Profit
  • Purchases
  • Wages
  • Depreciation and rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Fabricated Metal Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External 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 (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
    Cad-Cam
  • Computer-aided design (CAD) and computer-aided manufacturing (CAM) uses computer systems and software to optimise product design and production.
  • Non-Ferrous Metal
  • Metals other than iron and steel, such as 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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    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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