Institutional Building Construction in Australia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Slow build: Revenue has grown despite the effects of COVID-19 disrupting construction projects

Industry businesses have faced mixed conditions in the past few years. Government departments and agencies fund most of the institutional building construction and the public sector is the dominant funding source for educational and healthcare buildings. The private sector is an essential source of funding for the construction of healthcare buildings, aged-care facilities and religious buildings. Most governments have reduced budgetary spending over the past decade by promoting private equity involvement in public building stock through public-private partnerships (PPPs).

Industry companies construct institutional non-residential buildings, such as hospitals, schools, museums, law courts, prisons and places of religious worship. These institutions are generally operated on a not-for-profit basis. The industry also includes firms that carry out alterations, additions, renovations or general repairs for institutional buildings.

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.