Report Overview

The Australia cladding market reached a value of approximately AUD 7.45 Billion in 2023. The market is projected to grow at a CAGR of 3.22% between 2024 and 2032 reaching a value of around AUD 9.91 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • In December 2023, private sector houses and dwelling units approved in Australia were 8,574 and 13,654 respectively.
  • Total dwelling units approved in Victoria reached 4,545 with New South Wales and Queensland having approx. 3,502 and 2,691 respectively.
  • The development of sustainable and non-combustible cladding systems is further pushing the Australia cladding market growth.

Australia Cladding Market Growth

Compound Annual Growth Rate

Value in AUD Billion

3.22%

2024-2032


Australia Cladding Market Outlook

*this image is indicative*

Cladding is used to improve the appearance of the buildings while providing thermal insulation and water resistance. It is applied on one material over another to provide a layer. Common types of cladding materials that are being used are fibre cement, timer, ceramic, etc.

According to the Australian Bureau of Statistics, in December 2023, approved private sector houses reached 8,574 and the total number of dwelling units approved reached 13,654, which indicates the potential in Australia cladding market.

Australia Cladding Market Trends

Australia cladding market is driven by the advancements and developments in cladding materials that have surged the desire for sustainable and fuel-efficient cladding systems. Non-combustible cladding systems are being developed with recycled glass to lower the glass waste in landfills. These cladding systems are cheap and fire-resistant.

Companies such as HVG Facades launched a new fibre cement cladding product called Veterro, a durable and versatile product whose panels are non-combustible and have distinctive patterns.

Buildings in Australia are being constructed with solar façade that helps them to generate more power, for instance – Kennon, an Australian-based studio has developed a solar façade for an eight-storey building with 1,182 solar panels which eventually drove the Australia cladding market.

Australia Cladding Market Segmentation

Australia Cladding Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Steel
  • Aluminium
  • Composite Materials
  • Fibre Cement
  • Terracotta
  • Ceramic
  • Others

Market Breakup by Application

  • Residential
  • Industrial
  • Commercial
  • Offices
  • Institutional

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Cladding Market Share

Based on product type, Australia cladding market growth is driven by composite materials used in the manufacturing of cladding systems.

Recycled glass is being used as an alternative cladding material to meet environmentally sustainable requirements. Fibre cement is a durable and versatile cladding material with a concrete-like appearance, it can also be heavy including labour time and cost. These cladding panels are non-combustible and fire-resistant. Timber weatherboards are very durable and attractive. It can also contribute to thermal insulation and resistance to moisture.

Based on application type, Australia cladding market share is led by residential construction.

According to the Australian Bureau of Statistics, residential construction was valued at AUD 20,675.2 million with a growth of 4.4% in 2022-2023 indicating its significant impact. For residential buildings, cladding protects them from external conditions while providing thermal insulation and weather resistance. Steel and aluminium are majorly used to manufacture commercial cladding which enhances its durability and protects them from environmental factors.

Competitive Landscape

Companies manufacture and supply building products for commercial and residential construction, specialise in the installation of terracotta tiles, aluminium panels and distribute façade solutions and provide cladding products.

CSR Limited

CSR Limited, founded in 1855 and headquartered in Australia, manufactures and supplies building products for commercial and residential construction. They are involved in sales activities and property development.

Australian Cladding Specialists

Australian Cladding Specialists, founded in 2014, are Australian-based contractor that specializes in the installation of terracotta tiles, aluminium panels, and commercial rain-screening cladding systems.

FVA Group Pty Limited

FVA Group Pty Limited, founded in 2004 and headquartered in Australia, manufacture and distribute façade solutions and provide cladding products to the construction industry.

Prestige Wall Systems

Prestige Wall Systems, established in Australia, manufacturer and supplier of architectural building products and is passionate about creating external facades and finishes.

Other Australia cladding market key players are Masterwall, ArchiPro Pty Ltd., and Allstate Polystyrene Industries, among others.

Australia Cladding Market Analysis by Region

In 2023, as per ABS, the number of dwelling units approved in Victoria reached 4,545, simultaneously in New South Wales and Queensland, it reached 3,502 and 2,691 respectively which indicates the growth of house construction that eventually drives the Australia cladding market. 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Australia cladding market was valued at AUD 7.45 Billion in 2023.

The market is projected to grow at a CAGR of 3.22% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 9.91 Billion in 2032.

Based on the product type, the market is bifurcated into steel, aluminium, fibre cement, composite materials, ceramic, terracotta, and others.

Key players in the industry includes CSR Limited, Australian Cladding Specialists, ArchiPro Pty Ltd., FVA Group Pty Limited, Prestige Wall Systems, Masterwall, and Allstate Polystyrene Industries, among others.

Based on application, the cladding market is used in industrial, commercial, residential, institutional and offices.

The benefits of cladding are water resistance and thermal insulation, and it improves the appearance of buildings.

The market is broken into several regions such as New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Region
Breakup by Product Type
  • Steel
  • Aluminium
  • Composite Materials
  • Fibre Cement
  • Terracotta
  • Ceramic
  • Others
Breakup by Application
  • Residential
  • Industrial
  • Commercial
  • Offices
  • Institutional
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • CSR Limited
  • Australian Cladding Specialists
  • ArchiPro Pty Ltd.
  • FVA Group Pty Limited
  • Prestige Wall Systems
  • Masterwall
  • Allstate Polystyrene Industries.
  • Others

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