Freight Trailer Manufacturing in Australia - Industry Market Research Report

Towed along: Ongoing demand from road freight transport is boosting revenue

The Freight Trailer Manufacturing industry has expanded under trying conditions in recent years. The industry benefited from greater demand for road freight transport services throughout the pandemic, as many people were forced to work from home. A range of downstream sectors, like agriculture and retail have also augmented demand, with online shopping supporting demand for freight trailers. Industry revenue is set to climb at an annualised 1.9% over the five years through 2022-23, to an estimated $1.39 billion. This growth includes a dip of an estimated 3.3% in 2022-23, as downstream demand from mining and construction slump. Industry companies manufacture trailers that are specifically designed for use on heavy-duty trucks. Trailer types vary based on size and purpose and include T-liners, flat-top and refrigerated trailers. Manufacturers of light truck trailers and travel trailers are excluded from the industry. 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 key players and their market shares.