Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Construction Market Outlook
*this image is indicative*
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.
| Australia Construction Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 407.1 |
| Market Size 2032 | AUD Billion | 578.4 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 4.0% |
| CAGR 2024-2032 - Market by Region | New South Wales | 4.5% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 3.6% |
| CAGR 2024-2032 - Market by Material Type | Concrete | 4.4% |
| CAGR 2024-2032 - Market by End Use | Residential | 4.5% |
| Market Share by Region | Australian Capital Territory | 17.2% |
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 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
Market Breakup by End Use
Market Breakup by Region
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.
| CAGR 2024-2032 - Market by | Region |
| New South Wales | 4.5% |
| Australian Capital Territory | 3.6% |
| Others | 3.2% |
| Victoria | XX% |
| Queensland | XX% |
| Western Australia | XX% |
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.
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market is projected to grow at a CAGR of 3.98% between 2024 and 2032.
Based on the type, the construction market is bifurcated into concrete, steel, wood, and others.
Key players in the industry are CPB Contractors, Lendlease, Laing O’Rourke, John Holland, Fulton Hogan, Bouygues Construction, CIMIC Group, BESIX Watpac, Grocon and Hutchinson Builders among others.
The different end uses in the construction market include residential, commercial, infrastructure and industrial.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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.
| 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:
|
| Breakup by Material Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Choose the right license for your needs and access rights.
Add the report to your cart with one click and proceed to register.
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
One User
Five Users
Unlimited Users
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
We ensure that you get unmatchable competitive advantage by providing detailed insights about the existing market scenario as well as the emerging and high growth markets.
Regions and Countries with the Highest Number of Returning Clients
Projects delivered with customization
Projects involving industry specific expertise
Analysts Support
Corporates choose us as their preferred partner
Commitment to Excellence
Diverse Teams
Innovative Solutions
Client Centric Approach
Continuous Improvement
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-120-433-0800
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
