Industry Analysis & Industry Trends
Carpentry represents a large and important segment of the Australian Construction division. The industry derives about 70% of its annual revenue from work in the residential building market, including the installation of structural components (e.g. framework, roof trusses and cladding) and internal fit-out (e.g. timber flooring, architraves and cabinet joinery). Carpenters typically subcontract to prime builders in the new housing market (e.g. Mirvac and Metricon Homes), but often work directly for homeowners on smaller renovation and repair projects. Within the non-residential building market, carpentry work typically involves the installation of structural components (e.g. formwork, roof and floor trusses) and subcontracting services to prime-building contractors (e.g... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Carpentry Services industry has been adversely influenced by divergent trends in downstream building markets, and also contained by the long-term trends away from traditional carpentry skills. This includes the trend towards the use of less carpentry-intensive construction materials rather than traditional timber-based construction (e.g. steel, concrete and glass), and the use of prefabricated modular joinery components in construction.
Over the five years through 2012-13, the industry is projected to endure a minor cyclical decline in revenue by an annualised 1.0% to total $7.4 billion... purchase to read more