$802.9m
$XX.Xm
1,476
123
$XXX.Xm
Nut, bolt, screw and rivet are confronting a difficult market landscape, as weakened downstream demand and intense import competition exert downwards pressures. Downstream construction and manufacturing industries contribute significant demand for industry products. In recent years, these sectors have grappled with stalled projects due to the pandemic's residual impacts, increased interest rates and escalating inflation. The government's decision to terminate 50 infrastructure projects in 2023 has further strained demand from the construction sector. Industry revenue is expected to drop at an annualised 4.0% to $802.9 million over the five years through 2023-24. This trend includes an anticipated fall of 4.6% in 2023-24.
Industry revenue has declined at a CAGR of 4.0 % over the past five years, to reach an estimated $802.9m in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
ITW Australia | 185.1 | |
Bremick | 99.1 | |
Ullrich Aluminium | 8.0 |
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Industry revenue is measured across several distinct product and services lines, including Externally threaded fasteners , Internally threaded fasteners and Industry-specific fasteners. Externally threaded fasteners is the largest segment of the Nut, Bolt, Screw and Rivet Manufacturing in Australia.
Heavy import competition is dampening demand for externally threaded fasteners
Industry manufacturers primarily produce metal nuts, bolts, screws, rivets, fasteners, metal washers or other precision-turned metal items. Other industry products include masonry anchors, gravity toggles, plasterboard plugs and wall plugs.
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ANZSIC 2292 - Nut, Bolt, Screw and Rivet Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Demand from the construction market is contracting due to financial crunches. Elevated interest rates and intense inflation have halted many construction projects. Weakened d...
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The spread of businesses follows the distribution of Australia's population and economic activity. Manufacturers on the eastern seaboard benefit from more significant economi...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price-competitive imports threaten the industry’s market share. Taiwan and China have lower production and overhead costs, which makes their goods more cost-competitive compa...
Learn about the performance of the top companies in the industry.
ITW owns Buildex, which manufactures and distributes self-drilling fasteners and screws. ITW also previously traded as Noza Holdings Pty Ltd, but the restructuring has had li...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Manufacturers need to adhere to environmental regulations. These regulations apply to noise, air emissions and the use, handling and disposal of waste products.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The average wage for industry employees is high due to labour-intensive processes. However, incorporating automation into production processes has reduced labour intensity, w...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Nut, Bolt, Screw and Rivet Manufacturing industry in Australia is $802.9m in 2024.
There are 123 businesses in the Nut, Bolt, Screw and Rivet Manufacturing industry in Australia, which has declined at a CAGR of 3.5 % between 2019 and 2024.
The market size of the Nut, Bolt, Screw and Rivet Manufacturing industry in Australia has been declining at a CAGR of 4.0 % between 2019 and 2024.
Over the next five years, the Nut, Bolt, Screw and Rivet Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Nut, Bolt, Screw and Rivet Manufacturing market in Australia are ITW Australia, Bremick and Ullrich Aluminium
Externally threaded fasteners and Internally threaded fasteners are part of the Nut, Bolt, Screw and Rivet Manufacturing industry.
The company holding the most market share in Australia is ITW Australia.
The level of competition is high and increasing in the Nut, Bolt, Screw and Rivet Manufacturing industry in Australia.