If there were to be a case study on the difficulties of maintaining industrial production in high labour cost countries, the Tyre Manufacturing industry in Australia would be a good example to use. The industry has been in decline for decades as low-cost imports have progressively squeezed out domestic production, and in 2008-09 the second-to-last Australian manufacturer left the industry. Tragedy struck in 2009-10, when the only remaining manufacturer, Bridgestone, closed down its plant. The exit of Bridgestone from the industry marked the demise of domestic tyre manufacturing. As of 2010-11, the industry is only made up of tyre retreaders.
Companies in this industry retread inflatable rubber tyres. The industry includes tyre manufacturers, however there are none left in Australia.
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.