Structural Metal Product Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: May 2024
ANZSIC C2229Revenue
$3.7bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
10,044
Businesses
1,506
Wages
$XXX.Xm
Structural Metal Product Manufacturing in Australia industry analysis
Structural metal product manufacturers make products like garage doors, window shutters, metal doors, door and window frames, metal grates, steel railings, stairs, elevated platforms, balustrades and gates, as well as customised products for niche markets. Structural metal products are principally supplied to downstream construction markets, but mining and manufacturing customers represent an important source of sales. The industry comprises many small-scale manufacturers that produce simply-modified standardised products sold in narrow geographic markets. The industry’s prominent manufacturers hold strong positions in specific product segments, like garage doors, steel shutters and metal gratings.
Trends and Insights
- The current slump in residential building construction has dampened the industry’s performance. Weaker housing construction has reduced the sales of domestic products like window systems, skylights and garage doors.
- Lower residential construction activity has cut the sales of structural metal products. Notably domestic products like metal window systems, skylights, garage doors, flyscreens and shutters.
- New South Wales is over-represented in industry participation and is home to prominent industry manufacturers, including Valmont Industries and Nepean Building & Infrastructure. Sydney is the source of much of Australia’s large-scale non-residential building, infrastructure and high-rise apartment construction.
- Structural metal product manufacturers compete on price, quality, design and customer service. Standardised products tend to involve more price competition, while customised items rely on customer relationships.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated $3.7bn in 2024.
Trends and Insights
Industry hit by the slump in sales to the housing and non-building markets
- The principal constraint on the industry's performance through 2023-24 has come from the slump in residential building construction. The adverse trends in high-rise apartment construction dampened the sales of metal curtain walls, fitted fire doors and steel grating.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Building activity provides the platform for subdued revenue growth
- As the economy recovers from the pandemic, the industry will generate solid revenue sales to the core building markets. These sales will principally be for building contractors and special construction trades like carpenters, steel erectors and glaziers.
Biggest companies in the Structural Metal Product Manufacturing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
DuluxGroup | 318.0 | |
Valmont | 165.0 | |
ASSA ABLOY Australia Pacific | 128.0 |
To view the market share and analysis for all 5 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 Garage doors and shutters, Steel grating and Curtain walls and bespoke architectural products. Garage doors and shutters is the largest segment of the Structural Metal Product Manufacturing in Australia.
Trends and Insights
Weak residential housing demand has dulled revenue from garage doors and shutters
- Garage doors and shutters account for the industry's largest product segment. The residential market requires garage doors, including sectional, roller, tilt and custom or specialty doors.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- There are no industries to display.
International industries
- Structural Metal Product Manufacturing in the US
- Sheet Metal, Window & Door Manufacturing in the US
- Offshore Oil Rig & Platform Construction in the US
- Garage Door Manufacturing in the US
- Fence & Scaffolding Manufacturing in the US
Table of Contents
About this industry
Industry definition
Industry firms primarily manufacture architectural steel, wrought iron or other metal products. The industry does not include items used to maintain buildings’ structural integrity or structural metal products made from aluminium.
What's included in this industry?
Architectural metal product manufacturingMetal balcony, balustrade and railing manufacturingMetal curtain wall and fascia manufacturingMetal door or doorframe manufacturingPrefabricated metal fire escape manufacturingFlyscreen door manufacturingMetal garage door and gate manufacturingMetal skylight manufacturingMetal shutter manufacturingMetal window frame or screen manufacturingCompanies
DuluxGroupValmontASSA ABLOY Australia PacificPurchase this report to view all 5 major companies in this industry.
Related Terms
FASCIACURTAIN WALLNON-FERROUSIndustry Code
ANZSIC 2229 - Structural Metal 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
The current slump in residential building construction has dampened the industry’s performance. Weaker housing construction has reduced the sales of domestic products like wi...
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 (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- 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
Lower residential construction activity has cut the sales of structural metal products. Notably domestic products like metal window systems, skylights, garage doors, flyscree...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- 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
New South Wales is over-represented in industry participation and is home to prominent industry manufacturers, including Valmont Industries and Nepean Building & Infrastructur...
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 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
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
Structural metal product manufacturers compete on price, quality, design and customer service. Standardised products tend to involve more price competition, while customised ...
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 2019-2024
- 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
The industry includes a handful of medium-to-large-scale manufacturers with a prominent position in specific structural steel products. These businesses generally have multip...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of DuluxGroup's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Valmont's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of ASSA ABLOY Australia Pacific's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for DuluxGroup, and factors influencing its performance in the industry
- Description and key data for Valmont, and factors influencing its performance in the industry
- Description and key data for ASSA ABLOY Australia Pacific, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Structural metal product manufacturers must adhere to local, federal and state regulations. These requirements apply to hazardous material handling, as well as occupational h...
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 (2014-2029)
- Assistance historical data and forecast (2014-2029)
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
Manufacturers have been able to expand their profit margins. Lower domestic iron and steel prices and a greater focus on high-priced customised and specialised products have ...
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 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
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 (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
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 Structural Metal Product Manufacturing industry in Australia in 2024?
The market size of the Structural Metal Product Manufacturing industry in Australia is $3.7bn in 2024.
How many businesses are there in the Structural Metal Product Manufacturing in Australia industry in 2024?
There are 1,506 businesses in the Structural Metal Product Manufacturing industry in Australia, which has grown at a CAGR of 0.6 % between 2019 and 2024.
Has the Structural Metal Product Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Structural Metal Product Manufacturing industry in Australia has been growing at a CAGR of 1.2 % between 2019 and 2024.
What is the forecast growth of the Structural Metal Product Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Structural Metal Product Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Structural Metal Product Manufacturing market in Australia?
The biggest companies operating in the Structural Metal Product Manufacturing market in Australia are DuluxGroup, Valmont and ASSA ABLOY Australia Pacific
What does the Structural Metal Product Manufacturing in Australia include?
Architectural metal product manufacturing and Metal balcony, balustrade and railing manufacturing are part of the Structural Metal Product Manufacturing industry.
Which companies have the highest market share in the Structural Metal Product Manufacturing in Australia?
The company holding the most market share in Australia is DuluxGroup.
How competitive is the Structural Metal Product Manufacturing industry in Australia?
The level of competition is high and increasing in the Structural Metal Product Manufacturing industry in Australia.
