Motor Vehicle Body and Trailer Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: May 2024
ANZSIC C2312Revenue
$6.1bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
16,051
Businesses
1,484
Wages
$X.Xbn
Motor Vehicle Body and Trailer Manufacturing in Australia industry analysis
Manufacturers in the Motor Vehicle Body and Trailer Manufacturing industry have faced mixed conditions over the past decade. The collapse in Australian car manufacturing in 2017 forced a significant shift in the operation and strategy of industry manufacturers. Motor vehicle body manufacturers have declined as a source of overall revenue, while RV manufacturing has filled the gaps. The COVID-19 pandemic added further volatility, constraining manufacturing output and generating sharp fluctuations in demand. Yet, the closure of Australia's international border was a boon to RV manufacturers as interest in domestic holidays soared. Overall, revenue climbed at an annualised 0.6% over the five years through 2023-24 to an estimated $6.13 billion. Nonetheless, this includes a decline of 2.4% in 2023-24, as cost-of-living pressures resulting from high interest rates and high inflation have weighed on downstream demand.
Trends and Insights
- A spike in demand for new caravans in Australia boosted the productive output of RV manufacturing. Yet, as restrictions on outbound travel eased and rising inflation caused cost-of-living pressures, demand for new RVs has softened.
- Manufacturers of RVs benefited from recovering tourism activity in Australia in 2021-22. Many Australians opted for a domestic holiday, which induced higher demand for caravans and campervans. As restrictions on outbound travel eased, this trend reversed.
- Melbourne is the traditional home of automotive manufacturing, which has attracted manufacturers to the city. Manufacturing operations tend to cluster in areas that are established hubs of related activity.
- Most manufacturers in the industry are small-scale operations that have less than 20 employees. This structure prevents the development of economies of scale and fragments market share concentration.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.6 % over the past five years, to reach an estimated $6.1bn in 2024.
Trends and Insights
Manufacturers have struggled with labour shortages and a stretched global supply chain
- Manufacturers have faced mixed conditions over recent years, Demand was heavily disrupted by the COVID-19 pandemic, widespread uncertainty dissuaded buyers of motor vehicle bodies.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Import competition is forecast to rise, making it difficult for smaller manufacturers
- Operating conditions are set to fluctuate over the coming years. On the one hand, tourism activity is forecast to expand and demand from road freight transport will also trend upwards. On the other hand, growing import competition will place pressure on local manufacturers, either through a drop in demand or an intensification of price competition.
Biggest companies in the Motor Vehicle Body and Trailer Manufacturing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Jayco | 662.4 | |
Australian Trailer Solutions | 270.6 | |
Vawdrey Australia | 215.3 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Motor vehicle bodies, Caravans and camper trailers and Motor vehicle trailers. Motor vehicle bodies is the largest segment of the Motor Vehicle Body and Trailer Manufacturing in Australia.
Trends and Insights
Manufacturers of caravans and camper trailers capitalised on inflated demand during the pandemic
- Caravans and camper trailers are forms of mobile accommodation that are towed behind a vehicle. Australia's ageing population and growth in domestic tourism have made caravans and camper trailers the dominant product segment.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Motor Vehicle Manufacturing in Australia
- Automotive Electrical Component Manufacturing in Australia
- Motor Vehicle Parts and Accessories Manufacturing in Australia
- Motor Vehicle Body, Paint and Interior Repair in Australia
International industries
- Truck, Trailer & Motor Home Manufacturing in the US
- Truck Trailer Manufacturing in the US
- Truck, Trailer & Motor Home Manufacturing in Canada
- Trailer, Caravan & Motor Vehicle Body Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Industry operators manufacture motor vehicle bodies, RVs (such as caravans) and trailers. Operators also perform vehicle modifications that incorporate permanent changes to bodywork while employing existing engines and chassis. Businesses mainly involved in panel beating or smash repairs of motor vehicles are excluded from the industry.
What's included in this industry?
Motor vehicle bodiesCaravans and camper trailersMotor vehicle trailersCampervans and motorhomesCompanies
JaycoAustralian Trailer SolutionsVawdrey AustraliaPurchase this report to view all 5 major companies in this industry.
Related Terms
B-DOUBLEGREY NOMADSB-TRIPLEAUSTRALIAN DESIGN RULES (ADRS)Industry Code
ANZSIC 2312 - Motor Vehicle Body and Trailer Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
A spike in demand for new caravans in Australia boosted the productive output of RV manufacturing. Yet, as restrictions on outbound travel eased and rising inflation caused c...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Manufacturers of RVs benefited from recovering tourism activity in Australia in 2021-22. Many Australians opted for a domestic holiday, which induced higher demand for carava...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Melbourne is the traditional home of automotive manufacturing, which has attracted manufacturers to the city. Manufacturing operations tend to cluster in areas that are estab...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Most manufacturers in the industry are small-scale operations that have less than 20 employees. This structure prevents the development of economies of scale and fragments ma...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Jayco has capitalised on surging local demand for new caravans in 2021-22. Despite labour and supply shortages, output at Jayco’s major manufacturing facility has ramped up t...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Jayco's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Australian Trailer Solutions's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Vawdrey Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Jayco, and factors influencing its performance in the industry
- Description and key data for Australian Trailer Solutions, and factors influencing its performance in the industry
- Description and key data for Vawdrey Australia, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Steel is a vital input for vehicle body and trailer manufacturers. Lower steel prices ease purchase costs and allow manufacturers to expand their profit margins.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Purchases are the most significant expense for vehicle body and trailer manufacturers. The alleviation of supply chain disruptions has mitigated cost pressures on manufacture...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Motor Vehicle Body and Trailer Manufacturing industry in Australia in 2024?
The market size of the Motor Vehicle Body and Trailer Manufacturing industry in Australia is $6.1bn in 2024.
How many businesses are there in the Motor Vehicle Body and Trailer Manufacturing in Australia industry in 2024?
There are 1,484 businesses in the Motor Vehicle Body and Trailer Manufacturing industry in Australia, which has grown at a CAGR of 1.1 % between 2019 and 2024.
Has the Motor Vehicle Body and Trailer Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Motor Vehicle Body and Trailer Manufacturing industry in Australia has been growing at a CAGR of 0.6 % between 2019 and 2024.
What is the forecast growth of the Motor Vehicle Body and Trailer Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Motor Vehicle Body and Trailer Manufacturing industry in Australia is expected to decline.
What are the biggest companies in the Motor Vehicle Body and Trailer Manufacturing market in Australia?
The biggest companies operating in the Motor Vehicle Body and Trailer Manufacturing market in Australia are Jayco, Australian Trailer Solutions and Vawdrey Australia
What does the Motor Vehicle Body and Trailer Manufacturing in Australia include?
Motor vehicle bodies and Caravans and camper trailers are part of the Motor Vehicle Body and Trailer Manufacturing industry.
Which companies have the highest market share in the Motor Vehicle Body and Trailer Manufacturing in Australia?
The company holding the most market share in Australia is Jayco.
How competitive is the Motor Vehicle Body and Trailer Manufacturing industry in Australia?
The level of competition is moderate and steady in the Motor Vehicle Body and Trailer Manufacturing industry in Australia.
