Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry constructs a variety of buildings, ranging in complexity from simple tilt-wall warehouse space to sophisticated purpose-built laboratories with high security and humidity-controlled environments. The industry's performance responds to trends in demand from several segments of the economy, notably the Manufacturing, Mining and Agriculture divisions. Much recent industry activity has focused on the construction of warehousing and distribution facilities to meet demand generated from the Wholesale and Retail Trade divisions and the upward trend in merchandise trade.
Over the five years through 2016-17, industry revenue is projected to decline by an annualised 2.9% to total $5.6 billion... purchase to read more
Industry Report - Industry Analysis Chapter
The Factory and Industrial Building Construction industry has endured poor trading conditions since the late 2000s, stemming mainly from the long-term decline of the Manufacturing division. Demand for factory construction has fallen in response to the off-shoring of local manufacturing capacity and greater reliance on imports from low-cost foreign producers. However, some industry contractors derived substantial stimulus from the surge in demand for the construction of industrial buildings associated with the mining boom. The industry’s performance has also been partly supported by strong investment into warehouse and distribution facilities to facilitate the steady growth in merchandise trade and the swing towards online retailing... purchase to read more