I've had two compost tumblers similar to that, lasting 2-3 years each. The weak point is the plastic around the steel axle, which eventually cracks from the weight shift if they are loaded to capacity. We have very cold winters and the kitchen waste, etc. builds up and freezes, so that when I start turning the composter after the spring thaw, it needs to be gradual.
My newest compost tumbler has no axle, but rotates on rollers set in the base, which also collects the liquid that drains, for compost tea.