Australia Cladding Market Size, Share and Growth Analysis Report: Forecast Trends and Outlook (2024-2032)

The Australia cladding market growth is driven by the increasing appeal for materials like fibre cement, timer, and ceramic, among others. Cladding is widely used to improve the appearance of the buildings while providing thermal insulation and water resistance.

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 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.

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.