Industry Analysis & Industry Trends
Tough demand conditions and extreme volatility in the price of aluminum resulted in overall decline in Aluminum Manufacturing revenue during the five years to 2013. The five-year period was marked by cost-cutting measures taken by operators, including employee layoffs and the closure of manufacturing facilities. Despite these challenges, the industry is poised for strong growth over the next five years thanks to increasing demand from downstream manufacturing and building industries... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Aluminum Manufacturing industry is in the mature stage of its life cycle. Over the 10 years to 2018, growth in industry value added (IVA), or the industry's contribution to the overall economy, is projected to decline at an annualized rate of 1.0%. In contrast, Canada's GDP is forecast to increase an average of 2.6% per year during the same period. While the declining IVA growth relative to GDP could indicate an industry in decline, it more likely points to the significant drop in demand for aluminum from major industrial and building markets during the recession.
Further pointing to the mature status of the industry are the industry's well-established products, technologies and markets... purchase to read more