Dead wood: Substitute building products are chipping away at the industry's markets

The Prefabricated Wooden Building Manufacturing industry is one of the smallest in Australia's Manufacturing division. Over the long term, the industry's products have been steadily losing ground to substitute products manufactured using metal, PVC and cement-fibre. Prefabricated metal building products have captured the largest share of the mining, resources and infrastructure markets. Prefabricated metal products have also captured an increasing share of the household backyard building market, which is a major segment for industry products. However, the industry continues to hold a leading position in the household, recreation and backyard building market, manufacturing products such as granny flats, garden sheds, cubbyhouses, kit homes, kennels and more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry products have been losing ground to substitute goods made from metal, PVC or cement-fibre
  • The industry has been characterised by extreme revenue volatility over the past five years
  • The industry's short-term prospects will likely mirror falling residential construction activity
  • Industry Report - Industry SWOT Analysis Chapter

    The Prefabricated Wooden Building Manufacturing industry is in the mature stage of its economic life cycle. 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), which is indicative of an industry's contribution to the overall economy, is forecast to increase by an annualised 2.4% over the 10 years through 2021-22. This roughly matches the projected growth in Australia's GDP over the same period (2.5% a...purchase to read more.

    Additional Insights for the Prefabricated Wooden Building Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Prefabricated Wooden Building Manufacturing Industry are

  • Having a high profile in the market
  • Economies of scope
  • Access to a highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Capital expenditure on private dwellings and Household consumption expenditure in the Prefabricated Wooden Building Manufacturing industry impact industry performance..

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    What's in this report

    What is the Prefabricated Wooden Building Manufacturing Industry?

    Industry firms primarily manufacture prefabricated wooden buildings such as carports, gazebos and sheds. The on-site installation of these prefabricated buildings is also included in the industry.

    Industry Products
  • Basic household buildings and structures
  • Other household buildings and structures
  • Kit homes
  • On-site building installation
  • Industry Activities
  • Prefabricated wooden building
  • Prefabricated wooden bus shelter
  • Prefabricated wooden shed
  • Prefabricated wooden kit home
  • Prefabricated wooden carport and garage
  • Prefabricated wooden gazebo and pergola
  • Prefabricated wooden cubbyhouse and fort
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Capital expenditure on private dwellings
  • Household consumption expenditure
  • Demand from holiday houses, flats and hostels
  • Dwelling commencements
  • Demand from non-residential building construction
  • Mortgage affordability

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Prefabricated Wooden Building Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Prefabricated Wooden Building Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • House Construction
  • Commercial and Industrial Building Construction
  • Caravan Parks and Camping Grounds
  • Holiday Houses, Flats and Hostels
  • Consumers

  • Key Selling Industries
  • Glass and Glass Product Manufacturing
  • Plaster Product Manufacturing
  • Ready-Mixed Concrete Manufacturing
  • Timber Resawing and Dressing

  • Products & Services
  • Basic household buildings and structures
  • Other household buildings and structures
  • Kit homes
  • On-site building installation
  • Chart: Prefabricated Wooden Building Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households directly from manufacturers
  • Households through internet sales
  • Households through hardware wholesalers and retailers
  • Recreation and holiday markets
  • Non-residential building markets
  • Chart: Major Market Segmentation for the Prefabricated Wooden Building Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Prefabricated Wooden Building Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Prefabricated Wooden Building Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Prefabricated Wooden Building Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Prefabricated Wooden Building Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-Aided Design (Cad)
  • The use of computers in design applications, allowing the designer greater flexibility to formulate projects on-screen.
  • Computer-Aided Manufacturing (Cam)
  • The use of computer software to control machine tools and related equipment during manufacturing processes.
  • Flat-Pack
  • Prefabricated building products sold in pieces that are packed flat in a box for easy transport and customer assembly.
  • Granny Flat
  • A secondary or separate dwelling that is situated on the property of a traditional house.
  • Prefabricated Buildings
  • Buildings or building sections that are manufactured in a factory, which are then assembled on-site.
  • Relocatable Buildings
  • Buildings that can be readily transported to meet customer demand.
  • What Our Customers Say

    Why buy this report?

    The Prefabricated Wooden Building Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Prefabricated Wooden Building Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Prefabricated Wooden Building Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Prefabricated Wooden Building Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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