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 Analysis Chapter
The Factory and Industrial Building Construction industry endured poor trading conditions during the late 2000s, stemming from the global financial crisis and the associated dive in industrial property yields. Despite this, contractors in Western Australia and Queensland derived substantial stimulus from the construction of industrial buildings associated with the mining boom. Some segments of the industry have also derived demand for warehouse and distribution facilities stemming from the growth in merchandise trade and the surge in online retail.
Over the five years through 2015-16, industry revenue is projected to increase by an annualised 0.4%, to reach $5.7 billion... purchase to read more