Carpentry and Joinery Timber Manufacturing in Australia - Industry Market Research Report

One door closes: Industry revenue continues declining as demand from construction remains poor

Operators in the Carpentry and Joinery Timber Manufacturing industry have faced considerable adversity over the past five years. An overall decline in demand from the construction sector over the period has exerted downward pressure on industry revenue. Additionally, strong competition between industry firms and external competition from substitute materials and imports have constrained industry profitability. Overall, industry revenue is expected to decline at an annualised 5.1% over the five years through 2022-23, to $3.1 billion. A slight increase in demand from the house construction industry, which is a major consumer of industry goods, has limited further declines in industry performance over the period.

Industry operators primarily manufacture carpentry and joinery timber products, such as wooden doors, wooden window frames, prefabricated wooden panels and wooden cabinets.

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's key players and their market shares.