Australia Construction Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)
Description
By material type, the Australia construction market is led by concrete
Based on material type, concrete constitutes a major portion of the Australia construction market share. It offers durability, thermal mass properties, fire resistance, and versatility in construction projects. It can withstand harsh weather conditions and needs minimal maintenance having a long service life. It is used for several types of construction such as high-rise buildings, warehouses, bridges, tunnels and much more.
As per the Cement Industry Federation, about 40 per cent of Australian concrete is currently used for infrastructure, 30 per cent for commercial and non-residential buildings and around 30 per cent for housing.
The Australia construction market developments in manufacturing techniques are streamlining the construction process while reducing project timelines and increasing project efficiency. Companies use prefabrication and modular construction techniques and do off-site manufacturing of building components such as wall panels, floor systems and others for faster assembly on-site which minimizes the disruption to surroundings and improves quality control. It offers speed and cost-effectiveness to residential, commercial, and institutional projects.
According to the Australian Bureau of Statistics (ABS), the value of construction work done on residential accounted for AUD 20,180.0 million in the December quarter of 2023, growing by 1.4% from the December quarter of 2022, thus boosting the Australia construction market growth.
"Australia Construction Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
The construction market is widely recognised in the residential sector. This prominence is driven by continuous urbanisation, population growth, and strong demand for housing. Government incentives and programs aimed at boosting homeownership further stimulate residential construction.
Leading Companies in the Australia Construction Market
The growth of the construction market is fuelled by the increasing use of prefabricated and modular construction techniques and advanced materials by companies to provide promising experiences to consumers.
Based on material type, concrete constitutes a major portion of the Australia construction market share. It offers durability, thermal mass properties, fire resistance, and versatility in construction projects. It can withstand harsh weather conditions and needs minimal maintenance having a long service life. It is used for several types of construction such as high-rise buildings, warehouses, bridges, tunnels and much more.
As per the Cement Industry Federation, about 40 per cent of Australian concrete is currently used for infrastructure, 30 per cent for commercial and non-residential buildings and around 30 per cent for housing.
The Australia construction market developments in manufacturing techniques are streamlining the construction process while reducing project timelines and increasing project efficiency. Companies use prefabrication and modular construction techniques and do off-site manufacturing of building components such as wall panels, floor systems and others for faster assembly on-site which minimizes the disruption to surroundings and improves quality control. It offers speed and cost-effectiveness to residential, commercial, and institutional projects.
According to the Australian Bureau of Statistics (ABS), the value of construction work done on residential accounted for AUD 20,180.0 million in the December quarter of 2023, growing by 1.4% from the December quarter of 2022, thus boosting the Australia construction market growth.
"Australia Construction Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
- Concrete
- Steel
- Wood
- Others
- Residential
- Commercial
- Infrastructure
- Industrial
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The construction market is widely recognised in the residential sector. This prominence is driven by continuous urbanisation, population growth, and strong demand for housing. Government incentives and programs aimed at boosting homeownership further stimulate residential construction.
Leading Companies in the Australia Construction Market
The growth of the construction market is fuelled by the increasing use of prefabricated and modular construction techniques and advanced materials by companies to provide promising experiences to consumers.
- CPB Contractors
- Lendlease
- Laing O’Rourke
- John Holland
- Fulton Hogan
- Bouygues Construction
- CIMIC Group
- BESIX Watpac
- Grocon
- Hutchinson Builders
- Others
Table of Contents
113 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 7 Opportunities and Challenges in the Market
- 8 Australia Construction Market Overview
- 8.1 Key Industry Highlights
- 8.2 Australia Construction Historical Market (2018-2024)
- 8.3 Australia Construction Market Forecast (2025-2034)
- 9 Australia Construction Market by Material Type
- 9.1 Concrete
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Steel
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Wood
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Australia Construction Market by End Use
- 10.1 Residential
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Commercial
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Infrastructure
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Industrial
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 11 Australia Construction Market by Region
- 11.1 New South Wales
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Victoria
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Queensland
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Australian Capital Territory
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Western Australia
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicator for Price
- 12.4 Key Indicator for Demand
- 13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Company Profiles
- 13.2.1 CPB Contractors
- 13.2.1.1 Company Overview
- 13.2.1.2 Project Portfolio
- 13.2.1.3 Certifications
- 13.2.2 Lendlease
- 13.2.2.1 Company Overview
- 13.2.2.2 Project Portfolio
- 13.2.2.3 Certifications
- 13.2.3 Laing O’Rourke
- 13.2.3.1 Company Overview
- 13.2.3.2 Project Portfolio
- 13.2.3.3 Certifications
- 13.2.4 John Holland
- 13.2.4.1 Company Overview
- 13.2.4.2 Project Portfolio
- 13.2.4.3 Certifications
- 13.2.5 Fulton Hogan
- 13.2.5.1 Company Overview
- 13.2.5.2 Project Portfolio
- 13.2.5.3 Certifications
- 13.2.6 Bouygues Construction
- 13.2.6.1 Company Overview
- 13.2.6.2 Project Portfolio
- 13.2.6.3 Certifications
- 13.2.7 CIMIC Group
- 13.2.7.1 Company Overview
- 13.2.7.2 Project Portfolio
- 13.2.7.3 Certifications
- 13.2.8 BESIX Watpac
- 13.2.8.1 Company Overview
- 13.2.8.2 Project Portfolio
- 13.2.8.3 Certifications
- 13.2.9 Grocon
- 13.2.9.1 Company Overview
- 13.2.9.2 Project Portfolio
- 13.2.9.3 Certifications
- 13.2.10 Hutchinson Builders
- 13.2.10.1 Company Overview
- 13.2.10.2 Project Portfolio
- 13.2.10.3 Certifications
- 13.2.11 Others
- 14 Key Trends and Developments in the Market
Pricing
Currency Rates
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