Motor Vehicle Body and Trailer Manufacturing in Australia - Industry Market Research Report
Description
Motor Vehicle Body and Trailer Manufacturing in Australia
Manufacturers in the Motor Vehicle Body and Trailer Manufacturing industry have faced mixed conditions over the past few years. The collapse in Australian car manufacturing in 2017 forced a significant shift in the operation and strategy of manufacturers in the industry. Motor vehicle body manufacturers have declined as a source of overall revenue, while RV manufacturing has accounted for a higher share of activity. The COVID-19 pandemic has added further volatility, constraining manufacturing output and generating sharp fluctuations in demand. Yet, the closure of Australia's international border was a boon to RV manufacturers, as interest in domestic holidays soared. Output at major caravan manufacturing facilities reached 30-year highs in Australia, despite shortages of labour and materials. Overall, industry revenue jumped at an annualised 2.2% over the five years through 2022-23, to an estimated $5.6 billion. Nonetheless, this includes a marginal decline of 1.2% in 2022-23, as cost of living pressures are set to weigh on demand.
Industry operators manufacture motor vehicle bodies, RVs (such as caravans) and trailers. Operators also perform vehicle modifications that incorporate permanent changes to bodywork while employing existing engines and chassis. Businesses mainly involved in panel beating or smash repairs of motor vehicles are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Manufacturers in the Motor Vehicle Body and Trailer Manufacturing industry have faced mixed conditions over the past few years. The collapse in Australian car manufacturing in 2017 forced a significant shift in the operation and strategy of manufacturers in the industry. Motor vehicle body manufacturers have declined as a source of overall revenue, while RV manufacturing has accounted for a higher share of activity. The COVID-19 pandemic has added further volatility, constraining manufacturing output and generating sharp fluctuations in demand. Yet, the closure of Australia's international border was a boon to RV manufacturers, as interest in domestic holidays soared. Output at major caravan manufacturing facilities reached 30-year highs in Australia, despite shortages of labour and materials. Overall, industry revenue jumped at an annualised 2.2% over the five years through 2022-23, to an estimated $5.6 billion. Nonetheless, this includes a marginal decline of 1.2% in 2022-23, as cost of living pressures are set to weigh on demand.
Industry operators manufacture motor vehicle bodies, RVs (such as caravans) and trailers. Operators also perform vehicle modifications that incorporate permanent changes to bodywork while employing existing engines and chassis. Businesses mainly involved in panel beating or smash repairs of motor vehicles are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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