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Australia Prefabricated Buildings Market Size, Share, Growth: By Material Type: Concrete, Timber, Metal, Glass, Others; By Application: Residential, Commercial, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Australia Prefabricated Buildings Market Outlook
The Australia prefabricated building market size reached USD 4.96 billion in 2023. The market is expected to grow at a CAGR of 6.84% between 2024 and 2032, reaching almost USD 8.93 billion by 2032.
Key Takeaways:
- As per the Australian Bureau of Statistics, there was a 19.4% increase in the value of new residential buildings, reaching $7.14 billion. Additionally, the value of non-residential buildings rose by 12.4% to $4.92 billion in January 2024 compared to December 2023.
- As stated by the Australia Forest Products Association, during the 2023 COP28 in Dubai, the Australian Government, along with 16 other nations, pledged to boost the utilisation of timber in construction by 2030.
- As per the International Trade Administration, Australia's Building and Construction sector conducts more than $162 billion worth of building and construction activities annually, representing approximately 10% of the GDP.
Concrete drives the Australia prefabricated building market growth due to its ability to provide enduring strength, withstand various weather conditions, and resist wear and tear over time
Concrete in prefabricated constructions provides lasting strength, weather resilience, fire protection, sound insulation, thermal control, and flexible customization with various textures, finishes, and colours for improved design adaptability.
Timber in prefabricated structures presents sustainability through renewable materials, inviting warmth, inherent insulation for economical energy use, lightweight ease of transport, and adaptable design options with simple shaping and modification capabilities.
Modscape, a manufacturer of prefabricated homes, had boosted production by building a new factory in Essendon Fields, Melbourne. The project included the construction of a purpose-built 20,000 square meter manufacturing facility.
Market Segmentation
Australia Prefabricated Building Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
- Concrete
- Timber
- Metal
- Glass
- Others
Market Breakup by Application
- Residential
- Commercial
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia prefabricated building market key players are Ausco Modular Pty Limited, Fleetwood Corporation Limited, Archiblox Pty Ltd, SPANBILT PTY LTD, Landmark Products Pty Ltd., Dynamic Modular Constructions, prefabAUS, Prebuilt Pty Ltd, and Fabprefab among others.
Key Highlights of the Report
| 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:
|
| Breakup by Material Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Prefabricated Buildings Market Overview
8.1 Key Industry Highlights
8.2 Australia Prefabricated Buildings Historical Market (2018-2023)
8.3 Australia Prefabricated Buildings Market Forecast (2024-2032)
9 Australia Prefabricated Buildings Market by Material Type
9.1 Concrete
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Timber
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Metal
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Glass
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Australia Prefabricated Buildings Market by Application
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Australia Prefabricated Buildings Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Trade Data Analysis (HS Code - 940600)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Ausco Modular Pty
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Fleetwood Corporation Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Archiblox Pty Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 SPANBILT PTY LTD
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Landmark Products Pty Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Dynamic Modular Constructions
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 prefabAUS
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Prebuilt Pty Ltd
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Fabprefab
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Prefabricated Buildings Market: Key Industry Highlights, 2018 and 2032
2. Australia Prefabricated Buildings Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Australia Prefabricated Buildings Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Australia Prefabricated Buildings Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Australia Prefabricated Buildings Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Australia Prefabricated Buildings Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Australia Prefabricated Buildings Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. Major Importing Countries by Volume
9. Major Exporting Countries by Volume
10. Major Importing Countries by Value
11. Major Exporting Countries by Value
12. Australia Prefabricated Buildings Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 4.96 billion in 2023.
The market is projected to grow at a CAGR of 6.84% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 8.93 billion in 2032.
The prefabricated buildings market is categorised according to the material type, which includes concrete, timber, metal, glass, and others.
The key players are Ausco Modular Pty Limited, Fleetwood Corporation Limited, Archiblox Pty Ltd, SPANBILT PTY LTD, Landmark Products Pty Ltd., Dynamic Modular Constructions, prefabAUS, Prebuilt Pty Ltd, and Fabprefab among others.
Based on the prefabricated buildings application, the market is divided into commercial, residential and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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