Machine Tool Wholesalers in Australia - Industry Market Research Report

Nailing it: Rising actual capital expenditure on mining to boost industry performance

Operators in the Machine Tool Wholesalers industry generally purchase industry goods from manufacturers and onsell these to other businesses and final consumers. Most industry players are diverse wholesalers that offer a range of products, with machine tools making up a single product segment. Industry revenue has declined over the past five years, as several key markets, particularly construction, have weakened due to wider economic disruptions due to the COVID-19 pandemic. The ongoing threat of wholesale bypass, whereby clients purchase their products directly from manufacturers or import directly, has also negatively affected the industry. Industry revenue is forecast to decline at an annualised 1.2% over the five years through 2021-22, to $5.9 billion. Increased private capital expenditure on machinery and equipment, supported by record low interest rates, has limited the industry's decline over the period.

Firms operating in the industry wholesale a range of machine tools. Products include powered metalworking and woodworking machinery and tools, such as lathes, bores, drills, grinders, buffers, chamfers and polishers. Some firms in the industry are vertically integrated, with operations from production through to distribution.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.