With the rise of developing Asian economies, Australian manufacturing industries are finding it difficult to compete with low-cost imports that are gaining market dominance. This is no different for plastic injection moulded product manufacturers, recording an estimated decrease in industry revenue of 5.3% for 2012-13. Powerhouse manufacturing nations in Central and South-East Asia are gaining presence in the manufacturing scene around the world. In 2012-13, China is estimated to account for 42% of all imported industry goods, which will meet nearly half of total domestic demand.
Companies in this industry manufacture a wide array of products through the injection of heated plastic into moulds. Many of the industry's products are used as input components for the more complex products of other manufacturers. These include automotive manufacturers in addition to many other consumer product manufacturers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.