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Freight Trailer Manufacturing in Australia - Market Research Report (2014-2029)

Misaki Iishi Misaki Iishi Melbourne, Australia Last Updated: May 2024 ANZSIC OD5096

Revenue

$1.4bn

2024-25

$1.4bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

4,165

Businesses

367

Wages

$XXX.Xm

Freight Trailer Manufacturing in Australia industry analysis

The Freight Trailer Manufacturing industry has endured a challenging environment in recent years. Freight trailer manufacturers have benefitted from expanded domestic freight tasks thanks to the online shopping boom. Consumers have bought goods online, requiring road freight transport services to accelerate trailer sales from road freight operators. However, a drop in demand from construction and mining has reduced revenue in recent years. Freight trailer manufacturers' income is expected to diminish by 4.2% in 2023-24. Overall, revenue has sunk by an expected 1.8% to $1.36 billion through the end of 2023-24.

Trends and Insights

  • Weakened construction and mining activities have reduced freight trailer sales and revenue. This has reduced the Freight Trailer Manufacturing industry’s revenue.
  • Demand from the construction and mining sectors has weakened. Slowed activities following the pandemic in the construction and mining sectors have reduced this segment’s revenue share.
  • Victoria hosts most freight trailer manufacturers. Freight trailer manufacturers benefit from proximity to upstream manufacturers, suppliers and downstream clients, resulting in expanded business opportunities.
  • Manufacturers' reliance on suppliers strengthens suppliers’ bargaining power. Freight trailer manufacturers source various raw materials like steel, aluminium and rubber.

Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.8 % over the past five years, to reach an estimated $1.4bn in 2024.

Trends and Insights

Challenging downstream conditions have reduced this industry’s revenue

  • Activities in the downstream markets, including road freight transport companies, retailers, wholesalers, manufacturers, primary producers and construction and mining sectors, significantly influence the Freight Trailer Manufacturing industry’s revenue.
  • Additional trends and insights available with purchase
Freight Trailer Manufacturing in Australia
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Freight trailer manufacturers may face intense competition from imports

  • Imports in the Freight Trailer Manufacturing industry are expected to climb over the coming years.

Biggest companies in the Freight Trailer Manufacturing in Australia

Company
Market Share (%)
2024
Revenue ($m)
2024
Australian Trailer Solutions
238.6
Vawdrey Australia
210.8
CIMC Group Australia Pty Ltd
12.7

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Freight Trailer Manufacturing in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Tipper trailers, Temperature-controlled trailers and B-double trailers. Tipper trailers is the largest segment of the Freight Trailer Manufacturing in Australia.

Trends and Insights

Low loader and drop-deck trailer sales have expanded

  • Low-loader and drop-deck trailers are the most prominent product segment in the Freight Trailer Manufacturing industry.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies in the Freight Trailer Manufacturing industry fabricate trailers specifically for heavy-duty truck use. The types of trailers vary in size and purpose, ranging from T-liners, flat-top to refrigerated trailers.

What's included in this industry?

Tipper trailersTemperature-controlled trailersB-double trailersFlatbed trailersLow loader and drop-deck trailersTanker trailersDolly trailersDry freight and curtainsider trailersTruck trailersDog trailers

Companies

Australian Trailer SolutionsVawdrey AustraliaCIMC Group Australia Pty Ltd

Purchase this report to view all 3 major companies in this industry.

Related Terms

TRUCK AND DOG TRAILERSHYDRAULIC JACKREFRIGERATION UNITCURTAINSIDER TRAILERS

Industry Code

ANZSIC 2006

ANZSIC 2311 - Freight Trailer 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

Weakened construction and mining activities have reduced freight trailer sales and revenue. This has reduced the Freight Trailer Manufacturing industry’s revenue.

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

Demand from the construction and mining sectors has weakened. Slowed activities following the pandemic in the construction and mining sectors have reduced this segment’s reve...

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

Victoria hosts most freight trailer manufacturers. Freight trailer manufacturers benefit from proximity to upstream manufacturers, suppliers and downstream clients, resulting...

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

Manufacturers' reliance on suppliers strengthens suppliers’ bargaining power. Freight trailer manufacturers source various raw materials like steel, aluminium and rubber.

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

Leading manufacturers are advantageous in offering various products. Major companies can attract clients in different sectors like the construction, mining and manufacturing ...

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 Australian Trailer Solutions's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Vawdrey Australia's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of CIMC Group Australia Pty Ltd's performance by revenue, market share and profit margin from 2018 through 2024

Detailed analysis

  • Description and key data for Australian Trailer Solutions, and factors influencing its performance in the industry
  • Description and key data for Vawdrey Australia, and factors influencing its performance in the industry
  • Description and key data for CIMC Group Australia Pty Ltd, 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

Domestic freight tasks have strengthened in recent years. Freight trailer manufacturers are set to enjoy boosted sales and revenue with climbing demand from road freight tran...

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

Profit margin has improved thanks to softened purchase costs. Weakened purchase costs and technological advancement have reduced costs, which has enhanced manufacturers’ prof...

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)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Freight Trailer Manufacturing industry in Australia in 2024?

The market size of the Freight Trailer Manufacturing industry in Australia is $1.4bn in 2024.

How many businesses are there in the Freight Trailer Manufacturing in Australia industry in 2024?

There are 367 businesses in the Freight Trailer Manufacturing industry in Australia, which has grown at a CAGR of 4.3 % between 2019 and 2024.

Has the Freight Trailer Manufacturing industry in Australia grown or declined over the past 5 years?

The market size of the Freight Trailer Manufacturing industry in Australia has been declining at a CAGR of 1.8 % between 2019 and 2024.

What is the forecast growth of the Freight Trailer Manufacturing industry in Australia over the next 5 years?

Over the next five years, the Freight Trailer Manufacturing industry in Australia is expected to grow.

What are the biggest companies in the Freight Trailer Manufacturing market in Australia?

The biggest companies operating in the Freight Trailer Manufacturing market in Australia are Australian Trailer Solutions, Vawdrey Australia and CIMC Group Australia Pty Ltd

What does the Freight Trailer Manufacturing in Australia include?

Tipper trailers and Temperature-controlled trailers are part of the Freight Trailer Manufacturing industry.

Which companies have the highest market share in the Freight Trailer Manufacturing in Australia?

The company holding the most market share in Australia is Australian Trailer Solutions.

How competitive is the Freight Trailer Manufacturing industry in Australia?

The level of competition is high and increasing in the Freight Trailer Manufacturing industry in Australia.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Motor Vehicle Manufacturing in Australia
  • Motor Vehicle Body and Trailer Manufacturing in Australia

Complementors

  • Motor Vehicle Parts and Accessories Manufacturing in Australia
  • Road Freight Transport in Australia

International industries

  • Truck Trailer Manufacturing in the US
  • Truck, Trailer & Motor Home Manufacturing in Canada
  • Truck Trailer Manufacturing in the UK
  • Trailer, Caravan & Motor Vehicle Body Manufacturing in Germany
  • Automobile Body and Trailer Manufacturing in China

View all industries in Australia

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.