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The Australia cross-laminated timber market size reached USD 95.13 million in 2023. The market is expected to grow at a CAGR of 17.1% between 2024 and 2032, reaching USD 399.47 million by 2032.
The Australian cross-laminated timber market experiences growth due to residential demand, as it is versatile and can accommodate diverse architectural styles and configurations
Utilizing cross-laminated timber in residential construction aids in lowering buildings' carbon footprint and advancing sustainability objectives. Its use enables the creation of unique and aesthetically pleasing residential layouts, driving the Australia cross-laminated timber market growth.
As a prefabricated material, CLT allows for the pre-cutting of elements such as doorways, windows, stairs, or ducts. Moreover, insulation and finishes can be applied before installation. This efficient process results in reduced costs and faster occupancy, making it a popular choice for commercial and public developments.
In September 2023, NeXTimber® by Timberlink began manufacturing Australian-made cross laminated timber (CLT) panels from certified plantation radiata pine. These panels offer a renewable and sustainable solution for various projects, either used independently or alongside traditional building materials.
Australia cross-laminated timber market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Element Type
Market Breakup by Raw Material Type
Market Breakup by Bonding Method
Market Breakup by Press Type
Market Breakup by Application
Market Breakup by Region
The Australia cross-laminated timber market key players are Forest and Wood Products Australia Ltd, XLam Australia Pty Ltd., Timberlink Australia Pty Ltd and Ledinek Engineering d.o.o. among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Element Type |
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Breakup by Raw Material Type |
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Breakup by Bonding Method |
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Breakup by Press Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Cross-Laminated Timber Market Overview
8.1 Key Industry Highlights
8.2 Australia Cross-Laminated Timber Historical Market (2018-2023)
8.3 Australia Cross-Laminated Timber Market Forecast (2024-2032)
9 Australia Cross-Laminated Timber Market by Product Type
9.1 Custom CLT
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Blank CLT
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Australia Cross-Laminated Timber Market by Element Type
10.1 Flooring Panels
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Wall Panels
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Roofing Slabs
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Australia Cross-Laminated Timber Market by Raw Material Type
11.1 Spruce
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Fir
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Pine
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Cross-Laminated Timber Market by Bonding Method
12.1 Mechanically Fastened
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Adhesively Bonded
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Australia Cross-Laminated Timber Market by Press Type
13.1 Pneumatic Press
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Vacuum Press
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Hydraulic Press
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Australia Cross-Laminated Timber Market by Application
14.1 Educational Institutes
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Residential
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Commercial Spaces
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Government/Public Buildings
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
15 Australia Cross-Laminated Timber Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Value Chain Analysis
18 Trade Data Analysis (HS Code - 441882)
18.1 Major Importing Countries
18.1.1 By Volume
18.1.2 By Value
18.2 Major Exporting Countries
18.2.1 By Volume
18.2.2 By Value
19 Price Analysis
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 Forest and Wood Products Australia Ltd
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 XLam Australia Pty Ltd.
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 Timberlink Australia Pty Ltd
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 Ledinek Engineering d.o.o.
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 Others
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Cross-Laminated Timber Market: Key Industry Highlights, 2018 and 2032
2. Australia Cross-Laminated Timber Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Australia Cross-Laminated Timber Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Australia Cross-Laminated Timber Historical Market: Breakup by Element Type (USD Million), 2018-2023
5. Australia Cross-Laminated Timber Market Forecast: Breakup by Element Type (USD Million), 2024-2032
6. Australia Cross-Laminated Timber Historical Market: Breakup by Raw Material Type (USD Million), 2018-2023
7. Australia Cross-Laminated Timber Market Forecast: Breakup by Raw Material Type (USD Million), 2024-2032
8. Australia Cross-Laminated Timber Historical Market: Breakup by Bonding Method (USD Million), 2018-2023
9. Australia Cross-Laminated Timber Market Forecast: Breakup by Bonding Method (USD Million), 2024-2032
10. Australia Cross-Laminated Timber Historical Market: Breakup by Press Type (USD Million), 2018-2023
11. Australia Cross-Laminated Timber Market Forecast: Breakup by Press Type (USD Million), 2024-2032
12. Australia Cross-Laminated Timber Historical Market: Breakup by Application (USD Million), 2018-2023
13. Australia Cross-Laminated Timber Market Forecast: Breakup by Application (USD Million), 2024-2032
14. Australia Cross-Laminated Timber Historical Market: Breakup by Region (USD Million), 2018-2023
15. Australia Cross-Laminated Timber Market Forecast: Breakup by Region (USD Million), 2024-2032
16. Major Importing Countries by Volume
17. Major Exporting Countries by Volume
18. Major Importing Countries by Value
19. Major Exporting Countries by Value
20. Australia Cross-Laminated Timber Market Structure
The market was valued at USD 95.13 million in 2023.
The market is projected to grow at a CAGR of 17.1% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 399.47 million in 2032.
The market is categorised according to product type, which includes custom CLT and blank CLT.
The key players are Forest and Wood Products Australia Ltd, XLam Australia Pty Ltd., Timberlink Australia Pty Ltd and Ledinek Engineering d.o.o. among others.
Based on the bonding method, the market is divided into mechanically fastened and adhesively bonded.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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