Demand from hospitality outlets and export customers in Asia has helped the ice cream manufacturing sector, currently worth $2.1 billion in revenues, to a compound annual growth rate of 6.1 per cent, according to new market research. According to IBISworld’s Ice Cream Manufacturing in Australia – Market Research Report (2015-2030), the leaders by market share…
“[C]onsiderable import competition and shaky downstream demand” have contributed to revenues among metal furniture makers in Australia falling at an annualised 2.2 per cent per year for the five years to 2025-26, according to new industry analysis from IBISworld. According to the company’s new Metal Furniture Manufacturing in Australia – Market Research Report (2015-2030), the…
Revenues for the Australian paperboard container manufacturing industry are approximately $452 million per annum currently, according to new market research, which also finds that this figure declined by 1.4 per cent on average each year between 2020 and 2025. The newly-updated Paperboard Container Manufacturing in Australia – Market Research Report (2015-2030) by IBISWorld counted 70…
Federal government lowers fees for offshore wind developers The federal government said on Tuesday that it’s “cutting financial burdens and red tape for offshore wind development”, and for the next two years will reduce application fees for transmission and infrastructure licences from $300,000 to $150,000. According to a statement from energy minister Chris Bowen, fees…
Revenues for the nation’s chocolate and confectionery manufacturing sector are expected to decline, following a negative 1.9 per cent compound annual growth rate over the last five years, according to new market research from IBISWorld. In its Chocolate and Confectionery Manufacturing in Australia – Market Research Report (2015-2030), updated this month, IBISWorld described a sector…
The Australian sugar manufacturing sector has grown steadily over the last five years to be worth approximately $3.9 billion, according to new figures from IBISWorld. The market research firm’s Sugar Manufacturing in Australia – Market Research Report (2015-2030) finds that the Queensland-dominated industry achieved a compound annual growth rate of 2.3 per cent over the…
AML3D gets new distributor Wire arc additive manufacturing business AML3D has announced DMFG Solutions has been appointed as a second, non-exclusive European distributor. The distribution partnership with the German technology and solutions provider will run for two years and builds on the appointment of UK’s Arc Additive last month, further expanding AML3D’s European reach. AML3D said its…
Arafura vessel commissioned The Royal Australian Navy commissioned the first of six Arafura class offshore patrol vessels (OPVs) at Fremantle, Western Australia, on Saturday. According to a statement from Defence, the OPVs (built by Luerssen Australia, which is owned by Civmec as of Wednesday) will improve the “ability to contribute to maritime patrol, response and…
Australia’s cured meat and smallgoods manufacturing industry is experiencing modest growth despite health-conscious consumers turning away from processed meats, according to a new industry report. The industry, worth $5.4 billion in 2025, has grown by supporting stable domestic demand and a premiumisation trend that has allowed producers to increase unit prices. However, consumption of processed…
Greensteel shares picture of planned plant for Whyalla “We are excited to share a rendering of our vision for Greensteel Australia’s state-of-the-art and ultra-low-carbon steelmaking plant for Whyalla, subject to necessary approvals” shared Greensteel in an update on Linkedin on Tuesday. The render (pictured above) was accompanied by a message restating that the company has…