Industry Analysis & Industry Trends
The past five years have brought many challenges for companies in the Trailer, Caravan and Motor Vehicle Body Manufacturing industry. Poor economic conditions have led to dismal consumer and business confidence, which has had a negative effect on demand for products manufactured by the industry. Freight operators, a major market for the industry, have suffered due to lower freight volumes, while households have postponed the purchase of new caravans due to uncertainty about the future. The motor vehicle manufacturing market, which demands bodies from the industry, could not come to the rescue either, as producers have struggled to remain afloat with abysmal motor vehicle production and widespread losses. Industry revenue is expected to decline at a compound annual rate of 5.1%... purchase to read more
Industry Report - Industry Locations Chapter
The industry is concentrated in regions that are considered manufacturing hubs, in the midlands and Northern areas. North West has the largest number of industry establishments, with an estimated 13.3%. The region is close to key downstream markets, namely motor vehicle manufacturers and road freight operators. Motor vehicle manufacturers are highly concentrated in the West Midlands and the North West, while road freight operators are heavily concentrated in the East and West Midlands. Therefore, the North West is an attractive location for industry operators.
Yorkshire has the second largest proportion of industry operators, with an estimated 12.7%... purchase to read more