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The Sheet Metal Product Manufacturing industry’s performance has faltered because of fluctuating demand across various market segments. Although diverse applications in construction and beverage manufacturing have offered some stability, low demand from manufacturing and rising competition from imports and substitutes have harmed revenue. Increased purchase costs and operational challenges are intensifying profit pressures. Meanwhile, the Australian dollar’s appreciation over the past five years has made low-cost alternatives more attractive compared to domestically produced products. Revenue is expected to have fallen at an annualised 1.2% over the five years through 2024-25, to $2.5 billion. This trend includes an anticipated drop of 0.7% in 2024-25 as ongoing challenges continue to plague the industry.
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IBISWorld's research coverage on the Sheet Metal Product Manufacturing industry in Australia includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released September 2024.
The Sheet Metal Product Manufacturing industry in Australia operates under the ANZSIC industry code C2240. Manufacturers primarily produce sheet metal products like pressed or spun holloware, air ducts and bottle closures. Related terms covered in the Sheet Metal Product Manufacturing industry in Australia include sanitary ware, holloware, eyelet, hoppers, computer numeric control (cnc) , heating, ventilation, and air conditioning (hvac), high-strength low-alloy (hsla) and industry 4.0 .
Products and services covered in Sheet Metal Product Manufacturing industry in Australia include Commercial and industrial building products, Sheet metal closures and Other sheet metal products.
Companies covered in the Sheet Metal Product Manufacturing industry in Australia include Orora, Guala Closures Australia Pty Ltd and Interpack Technology.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Sheet Metal Product Manufacturing industry in Australia.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Sheet Metal Product Manufacturing industry in Australia.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Sheet Metal Product Manufacturing industry in Australia.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Sheet Metal Product Manufacturing industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Sheet Metal Product Manufacturing industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Sheet Metal Product Manufacturing industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Sheet Metal Product Manufacturing industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Sheet Metal Product Manufacturing industry in Australia.
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The market size of the Sheet Metal Product Manufacturing industry in Australia is $2.5bn in 2026.
There are 892 businesses in the Sheet Metal Product Manufacturing industry in Australia, which has declined at a CAGR of 3.3 % between 2019 and 2024.
The Sheet Metal Product Manufacturing industry in Australia is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Sheet Metal Product Manufacturing industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Sheet Metal Product Manufacturing industry in Australia has been declining at a CAGR of 1.2 % between 2019 and 2024.
Over the next five years, the Sheet Metal Product Manufacturing industry in Australia is expected to decline.
The biggest companies operating in the Sheet Metal Product Manufacturing industry in Australia are Orora, Guala Closures Australia Pty Ltd and Interpack Technology
Commercial and industrial building products and Sheet metal closures are part of the Sheet Metal Product Manufacturing industry in Australia.
The company holding the most market share in the Sheet Metal Product Manufacturing industry in Australia is Orora.
The level of competition is high and increasing in the Sheet Metal Product Manufacturing industry in Australia.