The Sheet Metal Product Manufacturing industry has performed poorly over the past five years. Downstream manufacturing industries have struggled due to strong competition from cheaper imports. This trend has reduced activity in these key markets, which has subsequently filtered upstream and affected demand for a range of industry products. Manufacturers that target commercial and industrial building construction markets have fared better, with low interest rates and strong commercial property yields driving activity in these markets. Overall, industry revenue is expected to fall at a compound annual rate of 3.1% over the five years through 2014-15.
Companies in the industry primarily manufacture sheet metal products such pressed or spun holloware, air ducts and bottle closures. Firms that mainly manufacture metal containers and other structural metal products are excluded from the industry.
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.