Industrial Design Services in Australia - Industry Market Research Report

Industrial Design Services in Australia - Industry Market Research Report

Industrial Design Services in Australia

Industrial designers primarily perform design work for manufacturers to improve the commercial viability, functionality, longevity and production efficiency of products. Domestic manufacturers have struggled to compete against low-cost imports in recent years and have spent less on industrial design services in response. Wavering demand conditions have intensified price competition among industrial designers, with design firms competing to win a smaller pool of contracts and clients. However, diversification in industry services has supported revenue as players have reached out to new markets. A wider market is demanding sophisticated packaging as a means of advertisement and targeted marketing. For example, industry firms have been contracted to design bespoke products for end-users, such as banks and airlines.

Industry companies primarily develop designs and specifications for mass-produced products. This includes choosing the material, construction method, mechanism, shape, colour and surface finish of products to improve their quality and market appeal.

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.