Metal Tank (Heavy Gauge) Manufacturing - 2020 U.S. Industry Market Research Report
The 2020 Metal Tank (Heavy Gauge) Manufacturing Industry Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2011-2024.
This Kentley Insights report includes historical and forecasted industry size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This industry includes companies primarily engaged in cutting, forming, and joining heavy gauge metal to manufacture tanks, vessels, and other containers.
This report is based on extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2020 Metal Tank (Heavy Gauge) Manufacturing Industry Market Research Report:
In 2019, industry sales were $8.9 billion
Purchase now for historical and forecasted market size
Over the past 3 years, the industry has grown at an annual rate of 5.4%
Purchase now for historical, annual and forecasted growth rates
There are 644 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANY
In 2019, the average sales per company was $13.8 million
Purchase now for historical and forecasted sales per company
INFLATION & PRICING
2020 forecasted inflation is 1.5%
Purchase now for historical industry inflation and the 5-year forecast
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.1
Benchmark nine other important financial ratios
Employee productivity is $260,060
Purchase now for historical and forecasted employee productivity
3% of expenses are spent on health insurance
Benchmark against 24 other expense categories
In 2019, industry operating expenses grew 2.1%
Purchase now for historical and forecasted OPEX
In 2019, payroll per employee was $58,729
Get the full picture with historicals and the 2020 and 5-year forecasts
California averages $59,641 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS
5.5% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $19.52
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase The 2020 Industry Market Research Report on Metal Tank (Heavy Gauge) Manufacturing now to unlock the insight from one of the most trusted research firms.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook