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Residential Construction in Australia

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    Report

  • 37 Pages
  • May 2024
  • Region: Australia
  • MarketLine
  • ID: 5992410
Residential Construction in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Residential construction refers to the process of building structures primarily intended for people to live in.
  • The Australian residential construction market recorded total revenues of $63.9 billion in 2023, representing a compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
  • The new construction segment accounted for the market's largest proportion in 2023, with total revenues of $45.5 billion, equivalent to 71.2% of the market's overall value.
  • The Australian residential construction industry held a stake of 2.7% of the Asia-Pacific residential construction market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in Australia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Australia
  • Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Australia residential construction market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Australia residential construction market by value in 2023?
  • What will be the size of the Australia residential construction market in 2028?
  • What factors are affecting the strength of competition in the Australia residential construction market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Australia's residential construction market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. How are leading players incorporating technology into their business practices?
7.3. Are there any government schemes in place that affect the industry?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. J Hutchinson Pty Ltd
8.2. Simonds Group Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Australia residential construction sector value: $ million, 2018-23
Table 2: Australia residential construction sector category segmentation: % share, by value, 2018-2023
Table 3: Australia residential construction sector category segmentation: $ million, 2018-2023
Table 4: Australia residential construction sector geography segmentation: $ million, 2023
Table 5: Australia residential construction sector value forecast: $ million, 2023-28
Table 6: J Hutchinson Pty Ltd: key facts
Table 7: J Hutchinson Pty Ltd: Key Employees
Table 8: J Hutchinson Pty Ltd: Key Employees Continued
Table 9: Simonds Group Ltd: key facts
Table 10: Simonds Group Ltd: Annual Financial Ratios
Table 11: Simonds Group Ltd: Key Employees
Table 12: Australia size of population (million), 2019-23
Table 13: Australia gdp (constant 2005 prices, $ billion), 2019-23
Table 14: Australia gdp (current prices, $ billion), 2019-23
Table 15: Australia inflation, 2019-23
Table 16: Australia consumer price index (absolute), 2019-23
Table 17: Australia exchange rate, 2019-23
List of Figures
Figure 1: Australia residential construction sector value: $ million, 2018-23
Figure 2: Australia residential construction sector category segmentation: $ million, 2018-2023
Figure 3: Australia residential construction sector geography segmentation: % share, by value, 2023
Figure 4: Australia residential construction sector value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the residential construction sector in Australia, 2023
Figure 6: Drivers of buyer power in the residential construction sector in Australia, 2023
Figure 7: Drivers of supplier power in the residential construction sector in Australia, 2023
Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in Australia, 2023
Figure 9: Factors influencing the threat of substitutes in the residential construction sector in Australia, 2023
Figure 10: Drivers of degree of rivalry in the residential construction sector in Australia, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • J Hutchinson Pty Ltd
  • Simonds Group Ltd