Industry Analysis & Industry Trends
The Structural Metal Product Manufacturing industry primarily manufactures products used by building markets, which include garage doors, window shutters, metal doors, door and window frames and curtain walls. The industry also supplies steel products used in infrastructure projects such as steel railings, stairs, elevated platforms and grates, as well as customised door and shutter systems for installation in road freight vehicles, such as trucks and vans. International trade is low in the industry, as structural metal components are typically large and expensive to transport over long distances.
Industry revenue is projected to decrease by an annualised 1.7% over the five years through 2016-17, to reach $2.2 billion... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has medium barriers to entry and this has remained unchanged over the past five years. The barriers often vary across the different market segments with relatively low barriers at the less skilled end of the market. Firms that manufacture standardised and generic products such as doors and handrails are required to invest in capital equipment but this equipment is relatively basic. These operators also have fairly low labour requirements, as design input is minimal.
More significant barriers exist for potential firms that are seeking to enter more specialised areas of the industry. Operators that service large commercial and industrial clients often supply customised products such as facades and curtain walls for large offices and institutional buildings... purchase to read more