Industry Analysis & Industry Trends
The Factory and Industrial Building Construction industry is responsible for the construction of 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. Industry revenue is estimated at $5.7 billion in 2015-16. This represents a marginal increase of 0.6% on the previous year due to investment into warehousing and distribution properties to aid merchandise trade.
Industry revenue is expected to grow by an annualised 0.4% over the five years through 2015-16, although this reflects wide cyclical fluctuations in construction activity... purchase to read more
Industry Report - Industry Products Chapter
Industry firms provide contract building construction services to industrial property developers, acting mainly as prime contractors or joint venture-developers, but also as subcontractors. Firms operating as prime contractors on industrial building projects generate the bulk of industry revenue and are increasingly involved in both the design and construction of the project. Prime contractors take responsibility for the procurement and specification of building materials and the recruitment of skilled labour and subcontractors.
The construction of warehouses, distribution facilities and logistics centres is the industry's largest segment, accounting for an estimated 59.0% of revenue in 2015-16... purchase to read more