Plastic Flooring and Other Polymer Product Manufacturing in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: July 2023
ANZSIC C1919aRevenue
$1.6bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
5,085
Businesses
514
Wages
$XXX.Xm
Plastic Flooring and Other Polymer Product Manufacturing in Australia industry analysis
Plastic flooring and other polymer product manufacturers are set to contend with fluctuating demand conditions over the five years through 2023-24. The economic downturn during the COVID-19 pandemic dampened construction investment, causing demand from the Construction division to decline. However, growing demand from mining and manufacturing markets has supported revenue growth. Consequently, revenue is anticipated to increase at an average annual rate of 3.2% over the five years through 2023-24, to an estimated $1.6 billion. This includes an expected decline of 6.7% in 2023-24.Overseas manufacturers are often larger than local manufacturers, and have greater economies of scale and lower wage costs. Many local manufacturers struggle with the competitive pressures of low-priced imports. Imports are forecast to increase over the five years through 2023-24, and are expected to satisfy 63.9% of domestic demand in 2023-24. A sharp rise in crude oil prices, the major input for polymers, has lifted purchase costs and weakened profit margins over the past five years.Downstream economic conditions are also projected to recover, with interest rates likely to fall as inflation comes under control, driving demand from building construction. Australian miners are also expected to increase their capital investment as global demand for Australian commodities rises. On the other hand, exports are anticipated to remain relatively stable, with export revenue tipped to fall slightly. Import competition is forecast to increase over the five years to 2028-29. Overall, revenue is forecast to rise at an annualised 0.8% over the five years through 2026-27, to an estimated $1.7 billion.
Trends and Insights
- Strong demand from the mining and manufacturing sectors has driven revenue growth. The expansion of these businesses operations has boosted demand for conveyor systems and polymer hoses and tubing.
- Plastic conveyor and other belts are rising as a share of revenue. Miners and manufacturers are expanding their operations, boosting demand for these products.
- The eastern states are home to the largest share of plastic flooring and other polymer product manufacturers. The dominant population share means most downstream business activity occurs in New South Wales, Victoria and Queensland.
- Market share concentration is low. There is a large number of small-scale operators that often focus on a specific product or set of products.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 3.2 % over the past five years, to reach an estimated $1.6bn in 2023.
Trends and Insights
Increased mining and manufacturing activity has lifted revenue
- Varied demand from downstream markets has resulted in high revenue volatility over the past decade. However, this volatility has disproportionately affected polymer product manufacturers that are less diversified in their operations.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
A diverse range of industries are set to elevate demand for plastic products
- A positive business environment will encourage greater demand. Interest rates are projected to fall, encouraging increased investment across the economy.
Biggest companies in the Plastic Flooring and Other Polymer Product Manufacturing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Fenner Dunlop Australia | 103.0 | |
Cowes Bay Group | 65.0 | |
Fletcher Building | 65.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Plastic hoses and tubing, Plastic conveyor and other belts and Floor coverings. Plastic hoses and tubing is the largest segment of the Plastic Flooring and Other Polymer Product Manufacturing in Australia.
Trends and Insights
Falling residential construction is reducing demand for floor coverings
- This segment includes linoleum floor coverings and other floor coverings with textile bases. It also includes floor, ceiling and wall coverings made from vinyl and PVC.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Plastic Bottle Manufacturing in Australia
- Plastic Bag and Film Manufacturing in Australia
- Plastic Pipe and Plastic Packaging Material Manufacturing in Australia
Complementors
- Electric Cable and Wire Manufacturing in Australia
International industries
- Hose & Belt Manufacturing in the US
- Rubber Product Manufacturing in Canada
- Hose & Belt Manufacturing in Canada
Table of Contents
About this industry
Industry definition
Companies in the industry manufacture plastic floor, wall and ceiling coverings; plastic conveyors and other belts; extruded plastic sections; plastic hoses and tubes; and synthetic rubber products. Fibreglass product manufacturing is not included in the industry.
What's included in this industry?
Plastic hoses and tubingPlastic conveyor and other beltsFloor coveringsSynthetic rubber productsPlastic injection moulding productsTarpaulinGarbage binsCompanies
Fenner Dunlop AustraliaCowes Bay GroupFletcher BuildingPurchase this report to view all 3 major companies in this industry.
Related Terms
EXTRUSIONPVCPOLYMERIndustry Code
ANZSIC 1919 - Plastic Flooring and Other Polymer Product Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Strong demand from the mining and manufacturing sectors has driven revenue growth. The expansion of these businesses operations has boosted demand for conveyor systems and po...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Plastic conveyor and other belts are rising as a share of revenue. Miners and manufacturers are expanding their operations, boosting demand for these products.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The eastern states are home to the largest share of plastic flooring and other polymer product manufacturers. The dominant population share means most downstream business act...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
Market share concentration is low. There is a large number of small-scale operators that often focus on a specific product or set of products.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Fenner Australia is the only company in the industry with a market share above 5.0%. The company has looked to expand in part through acquisitions, including Conveyer Pulleys...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Fenner Dunlop Australia's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Cowes Bay Group's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Fletcher Building's performance by revenue, market share and profit margin from 2017 through 2023
Detailed analysis
- Description and key data for Fenner Dunlop Australia, and factors influencing its performance in the industry
- Description and key data for Cowes Bay Group, and factors influencing its performance in the industry
- Description and key data for Fletcher Building, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Plastic flooring and other polymer product manufacturers must abide by environmental regulations. Many of the chemicals used in the manufacturing process can be hazardous and...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins have declined over the past five years. Rising crude oil prices have lifted purchase costs and demand has been constrained by weaker demand due to the high inf...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
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:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia in 2024?
The market size of the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia is $1.6bn in 2024.
How many businesses are there in the Plastic Flooring and Other Polymer Product Manufacturing in Australia industry in 2023?
There are 514 businesses in the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia, which has grown at a CAGR of 0.8 % between 2018 and 2023.
Has the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia has been growing at a CAGR of 3.2 % between 2018 and 2023.
What is the forecast growth of the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Plastic Flooring and Other Polymer Product Manufacturing market in Australia?
The biggest companies operating in the Plastic Flooring and Other Polymer Product Manufacturing market in Australia are Fenner Dunlop Australia, Cowes Bay Group and Fletcher Building
What does the Plastic Flooring and Other Polymer Product Manufacturing in Australia include?
Plastic hoses and tubing and Plastic conveyor and other belts are part of the Plastic Flooring and Other Polymer Product Manufacturing industry.
Which companies have the highest market share in the Plastic Flooring and Other Polymer Product Manufacturing in Australia?
The company holding the most market share in Australia is Fenner Dunlop Australia.
How competitive is the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia?
The level of competition is high and increasing in the Plastic Flooring and Other Polymer Product Manufacturing industry in Australia.
