Strong foundation: Rising construction and renovation demand lead to robust growth

The Carpentry Services industry is responsible for the construction of structural components of buildings and infrastructure developments, along with the installation of joinery products in new buildings. The industry generates the bulk of its revenue from work in the residential building market. This includes the installation of structural framework, roof trusses, weatherboard cladding and door systems, as well as the internal fit out of cabinets and stairwells. The industry undertakes similar activities in the non-residential construction market and also constructs formwork for concrete foundations and suspended more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Accelerated growth of investment in key building markets has driven demand for carpentry services
  • The swing in preferences towards high-density apartment buildings has partly curbed industry growth
  • Weaker trends in the residential building markets are expected to dampen industry expansion
  • Industry Report - Industry Key Buyers Chapter

    The Carpentry Services industry has a low market share concentration. The four largest contractors in the industry account for less than 10.0% of annual industry revenue. Despite this low concentration, the structure of the industry has gradually altered over the past decade through the emergence of franchising networks. These generally comprise independent operators, and have benefited the industry through stronger branding, group buying power and a referral network. The industry has a highly fragmented structure and comprises many single or two-person operators that work in a narrow geographic market or service market...purchase to read more.

    Additional Insights for the Carpentry Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Carpentry Services Industry are

  • Having a good reputation
  • Having contacts within key markets
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as Capital expenditure on residential buildings and residential construction capital expenditure in the Carpentry Services industry impact industry performance..

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    What's in this report

    What is the Carpentry Services in New Zealand Industry?

    Operators in this industry carry out carpentry work or the fixing of wooden formwork on construction projects.

    Industry Products
  • Framing carpentry services
  • Finishing carpentry services
  • Other services
  • Industry Activities
  • Carpentry work on construction projects
  • Joinery work on construction projects (on-site fabrication only)
  • Installing doors and windows
  • Wooden flooring installation
  • Wooden formwork erection
  • Wooden kitchen cabinet installation
  • Wooden roof truss installation and fixing
  • 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 residential buildings
  • residential construction capital expenditure
  • Dwelling commencements
  • Real household discretionary income

  • Current Performance
  • Profit and employment growth
  • Surge in building markets
  • Product substitution
  • Chart: Revenue Growth

  • Industry Outlook
  • Building demand
  • Profit narrows
  • Long-term developments
  • Table: Carpentry Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Carpentry Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wooden Structural Fitting and Component Manufacturing in New Zealand
  • House Construction in New Zealand
  • Multi-Unit Apartment and Townhouse Construction in New Zealand
  • Institutional Building Construction in New Zealand
  • Commercial and Industrial Building Construction in New Zealand

  • Key Selling Industries
  • Construction in New Zealand
  • Hardware Wholesaling in New Zealand
  • Timber Resawing and Dressing in New Zealand
  • Timber Wholesaling in New Zealand
  • Wooden Structural Fitting and Component Manufacturing in New Zealand

  • Products & Services
  • Finishing carpentry services
  • Framing carpentry services
  • Other services
  • Chart: Carpentry Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential building contractors and developers
  • Households and residential property managers
  • Commercial builders and property developers
  • Other clients
  • Chart: Major Market Segmentation for the Carpentry Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Carpentry Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Carpentry Services 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 Carpentry Services 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 Carpentry Services Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • The construction of the interior fit-out or renovation on buildings, including ceilings, partitions, wardrobes, staircases and kitchen cabinets.
  • Formwork
  • The construction of moulds, framing or falsework for the pouring of concrete, including foundation work.
  • Framing
  • The construction of structural framework for buildings and structures, including floor and wall framing, trusses and roof frames.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Carpentry Services in New Zealand market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    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
    • Quickly build competitive intelligence
    This report on Carpentry Services in New Zealand:
    • 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 Carpentry Services in New Zealand 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 Carpentry Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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