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Scrap Metal Recycling in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Scrap Metal Recycling Market Research Report | Industrial Machinery, Gas & Chemicals | Fabricated Metal Product Manufacturing | 2016

Scrappy performance: Industry revenue is expected to decline due to declining metal recovery

IBISWorld’s Scrap Metal Recycling 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.

Report Snapshot
Market Share of Companies
Sims Metal Management Sims Metal Management market share
Industry Statistics & Market Size
Revenue
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Annual Growth 12-17
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Annual Growth 17-22
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Profit
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Employment
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Businesses
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What is the Scrap Metal Recycling industry?

The industry has a medium capital intensity level due to moderate capital expenses and relatively low labour costs. To calculate the industry's capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital, while wages are used as a proxy for labour. In 2016-17, depreciation is estimated to account for 3.3% of industry revenue, with wages estimated to make up for 11.7%. These show that for each $1.00 required to be spent on labour inputs, approximately $0.28 will be invested in capital plant, equipment and vehicles during the year. Capital intensity has declined in the past five years as wages increased strongly as a proportion of industry revenue, and capital investment only increased at a slow rate... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Ferrous scrap metal recycling servicesNon-ferrous metal recycling servicesPrecious and other metal recyclingFinal metal products
 


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