Industry Analysis & Industry Trends
The Prefabricated Wooden Building Manufacturing industry is one of the smallest manufacturing industries in Australia's Manufacturing division. Its products have been steadily losing ground to substitutes such as prefabricated metal, PVC and cement-fibre buildings. Prefabricated metal buildings have captured the largest share of the expanding mining, resources and infrastructure markets. As a result, prefabricated wooden building manufacturers have generally been unable to benefit from these massive boosts in demand. However, industry operators tend to hold leading positions in the household and backyard building market, manufacturing products such as granny flats, garden sheds, cubbyhouses, kit homes, kennels and pergolas... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Prefabricated Wooden Building Manufacturing industry is in the mature stage of its economic life cycle. The industry is fairly small, generating just over $240 million in revenue in 2015-16. Prefabricated wooden building manufacturers face fierce competition in the prefabricated building market from substitute goods that are made from alternative materials such as metal, PVC and cement-fibre sheeting. More niche and customised products such as kit homes, granny flats and cubbyhouses have provided some relief for industry operators over the past five years.
Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to increase at a compound annual rate of 0.1% over the 10 years through 2020-21... purchase to read more