Framed for success: Strong construction activity has opened doors to revenue growth

The Wooden Structural Fitting and Component Manufacturing industry has benefited from strong growth in the downstream housing construction market and higher timber prices over the past five years. Coupled with large increases in capital expenditure on residential buildings, demand for standardised and customised wooden structural products and components has increased at a rapid rate. Furthermore, demand growth in the non-residential building sector has contributed to industry growth.Industry companies manufacture a range of wooden building products that are essential for new residential and non-residential buildings. These goods include standard-size wooden doors and doorframes, wooden windows, and wooden roof trusses...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 15-20
6.0%
Forecast Growth 20-25
x.x%lock
Profit
x.x%lock
Employment
6,000
Businesses
795
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Strong downstream demand from new housing starts has contributed to high revenue growth
  • Heightened non-residential construction activity has benefited industry firms
  • A weaker building construction market is likely to limit demand growth over the next five years

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    Industry Report - Industry Locations Chapter

    The geographic distribution of industry establishments tends to follow population and business numbers, distances to suppliers and inputs, and historical development factors across the industry. Auckland is the industry's main region, accounting for over 25% of industry establishments. This high proportion is due to Auckland's high population and large number of businesses that require industry goods. Furthermore, the region is relatively close to many upstream timber processing businesses that supply raw materials to industry operators. Auckland also has a long history of industry firms, which has contributed to the region's strength in the industry today...purchase to read more.

    Additional Insights for the Wooden Structural Fitting and Component Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Wooden Structural Fitting and Component Manufacturing are:

  • Ability to attract local support/patronage
  • Ability to expand and curtail operations rapidly in line with market demand
  • Economies of scope

    • IBISWorld analysts also discuss how external factors such as Capital expenditure on residential buildings and Domestic price of timber in the Wooden Structural Fitting and Component Manufacturing industry impact industry performance..

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    What's in this report

    Industry Products

    What is the Wooden Structural Fitting and Component Manufacturing in New Zealand Industry?

    Industry operators mainly manufacture wooden structural fittings and components, such as roof trusses, doors, wood-framed doors, wall and window frames, shopfronts, and joinery (including kitchen fittings) for buildings.

    Industry Products
  • Wooden roof trusses and wall frames
  • Wooden doors and doorframes
  • Wooden kitchen cabinets
  • Wooden window frames
  • Joinery and other wooden products
    • Industry Activities
  • Wooden structural fittings
  • Wooden kitchen cabinet
  • Wooden door and window frame
  • Wooden door
  • Wooden wall frames
  • Wooden roof trusses
  • Manufacturing shopfronts
  • Manufacturing wooden joinery for buildings
    • Table of Contents

    About this Industry

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources

    Industry at a Glance

    Industry Statistics Snapshot
    Industry Structure
    Executive Summary

    Industry Performance

    Executive Summary
    Key External Drivers
  • Capital expenditure on residential buildings
  • Domestic price of timber
  • Dwelling consents issued
  • residential construction capital expenditure
  • Volume of wood harvested

    • Current Performance
  • Products and markets
  • Housing boom effects
  • Profit and trade
  • Enterprises and employment
  • Chart: Revenue Growth

    • Industry Outlook
  • Weaker building growth
  • Revenue and profit
  • Enterprises and employment
  • Table: Wooden Structural Fitting and Component Manufacturing Industry Revenue Outlook

    • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wooden Structural Fitting and Component Manufacturing Industry Lifecycle vs The Economy

    • Products & Markets

    Supply Chains
    Key Buying Industries
  • House Construction in New Zealand
  • Multi-Unit Apartment and Townhouse Construction in New Zealand
  • Commercial and Industrial Building Construction in New Zealand
  • Hardware and Building Supplies Retailing in New Zealand
  • Hardware Wholesaling in New Zealand
  • Consumers in New Zealand

    • Key Selling Industries
  • Industrial and Mining Machinery Wholesaling in New Zealand
  • Timber Resawing and Dressing in New Zealand
  • Timber Wholesaling in New Zealand

    • Products & Services
  • Wooden doors and doorframes
  • Wooden kitchen cabinets
  • Joinery and other wooden products
  • Wooden roof trusses and wall frames
  • Wooden window frames
  • Chart: Wooden Structural Fitting and Component Manufacturing Industry Products and Services Segmentation

    • Demand Determinants
    Major Markets
  • Building construction firms
  • Households
  • Other markets
  • Wood product wholesalers
  • Wood and hardware retailers
  • Chart: Major Market Segmentation for the Wooden Structural Fitting and Component Manufacturing Industry

    • International Trade
    Business Locations
    Chart: Business Locations by State

    Competitive Landscape

    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Wooden Structural Fitting and Component Manufacturing

    • Basis of Competition
  • Internal competition
  • External competition

    • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wooden Structural Fitting and Component Manufacturing Industry

    • Industry Globalization

    Major Companies

    There are no major players in this industry. This report includes analysis of other companies.

    Operating Conditions

    Capital Intensity
  • Chart: Level of Capital Intensity for the Wooden Structural Fitting and Component Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

    • Regulation & Policy
    Industry Assistance

    Key Statistics

    Table: Industry Data for the Wooden Structural Fitting and Component Manufacturing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

    • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data

    Jargon & Glossary

    Customised
  • The production of industry goods to required specifications, rather than standardised shapes and sizes.
    • Joinery
  • The production of wooden products by joining wood pieces together to manufacture doors, window frames, cabinets and other industry goods.
    • Structural Fittings
  • Structural fittings include a range of wooden products for buildings, such as roof trusses and wall frames.
    • What Our Customers Say
    Why buy this report?

    IBISWorld’s Wooden Structural Fitting and Component Manufacturing 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 Wooden Structural Fitting and Component Manufacturing 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 Wooden Structural Fitting and Component Manufacturing 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 Wooden Structural Fitting and Component Manufacturing 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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