The Sanitary Ware and Other Sheet Metal Product Manufacturing industry will grow at an annualised rate of 0.5% over the five years through 2012-13 to reach $4.63 billion. The initial growth was a result of the diverse product range, which shielded the industry from any diminished demand in one particular product line. However, the drastic collapse in business and consumer confidence as a result of significant downturn in the global economy in 2008 caused industry revenue to contract in recent years. The industry is forecast to decline 1.6% in 2012-13, setting the tone for waning revenue in the next five years.
Industry participants manufacture various products using sheet metal. The items produced are usually components to be used by other manufacturers or in construction. Some of the industry's products include air ducts, guttering and bottle closures.
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.