Concrete Product Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: September 2024
ANZSIC C2034Revenue
$3.2bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
7,226
Businesses
771
Wages
$XXX.Xm
Concrete Product Manufacturing in Australia industry analysis
Divergent trends in the core construction markets over the past five years have contributed to a minor contraction in industry revenue, at an anticipated annualised 0.3% to $3.2 billion in 2024-25. Much of the decline stems from an expected fall of 4.9% in 2024-25 alone, in response to a slump in new house construction following a hike in interest rates. Weaker house construction activity has dampened sales of concrete roof tiles and pavers. Still, mounting population pressures will drive an upswing in apartment construction, which, along with solid non-residential building activity, will support sales of concrete structural and cladding products like concrete bricks, blocks, panels, columns, beams and tensioning posts. A slump in sales to the housing market and price rises resulting from earlier supply chain blockages have squeezed the industry’s profit margins. Several large-scale, vertically integrated manufacturers dominate industry segments, with four prominent companies accounting for over two-thirds of industry revenue.
Trends and Insights
- Wide fluctuations in concrete product sales to the residential building market have dampened the industry's overall performance. Sales of concrete roof tiles, bricks and pavers have plummeted in the single-unit housing market since a 2021-22 peak.
- A surge in warehouse and other industrial building construction boosted sales of concrete panels in the non-residential building market. Industrial building construction commonly uses precast tilt-wall panels.
- Victoria has a heavy concentration of enterprises and is home to Rocla (Civilmart) and many regional manufacturers. Melbourne is a critical transport and manufacturing hub for distributing concrete products across southern Australia.
- Competition is based on a combination of product differentiation, availability and price. Manufacturers compete on the national level through their capacity to distribute concrete products through a network of regional branches and depots.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.3 % over the past five years, to reach an estimated $3.2bn in 2024.
Trends and Insights
Sales to the residential building market have slumped
- Concrete post, panel and fibre-cement sheet sales contracted sharply in the apartment and townhouse construction market following a 2017-18 peak and dampened the requirement for commercial-style concrete cladding and structural products. Still, mounting population pressures have supported a recent recovery in the multi-unit dwelling market.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Mounting population pressures will drive sales in the residential building market
- Recovering investment in apartment and townhouse construction will drive improved sales of cladding and structural concrete products, including concrete bricks, blocks, panels, columns, beams and tensioning posts.
Biggest companies in the Concrete Product Manufacturing in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
James Hardie Industries | 768.0 | |
CSR | 448.0 | |
Holcim Participants (Australia) | 318.0 |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Concrete pipes and box culverts, Bricks, blocks and pavers and Building boards. Concrete pipes and box culverts is the largest segment of the Concrete Product Manufacturing in Australia.
Trends and Insights
Concrete bricks, blocks and pavers have provided a stable revenue base
- Concrete bricks command a minor share of the brick market, as clay bricks are more popular. Still, construction using concrete bricks is common in the multi-unit residential construction market and for smaller non-residential buildings like shops, factories and schools.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Clay Brick Manufacturing in Australia
- Ready-Mixed Concrete Manufacturing in Australia
Complementors
- Cement and Lime Manufacturing in Australia
- Hardware Wholesaling in Australia
International industries
- Concrete Pipe & Block Manufacturing in the US
- Precast Concrete Manufacturing in the US
- Concrete Pipe & Block Manufacturing in Canada
- Precast Concrete Manufacturing in Canada
- Concrete Construction Product Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Industry operators manufacture concrete products, including aerated and composite products. Downstream sectors use industry products for a range of construction and ornamental applications.
What's included in this industry?
Bricks, blocks and paversPosts, poles and railway sleepersBuilding boardsConcrete pipes and box culvertsConcrete roof tilesBeams, trusses and concrete panelsCompanies
James Hardie IndustriesCSRHolcim Participants (Australia)Purchase this report to view all 7 major companies in this industry.
Related Terms
CULVERTSPRECAST CONCRETEPRE-STRESSED CONCRETECONCRETEAUTOCLAVED AERATED CONCRETEIndustry Code
ANZSIC 2034 - Concrete Product Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Wide fluctuations in concrete product sales to the residential building market have dampened the industry's overall performance. Sales of concrete roof tiles, bricks and pave...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
A surge in warehouse and other industrial building construction boosted sales of concrete panels in the non-residential building market. Industrial building construction comm...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Victoria has a heavy concentration of enterprises and is home to Rocla (Civilmart) and many regional manufacturers. Melbourne is a critical transport and manufacturing hub fo...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition is based on a combination of product differentiation, availability and price. Manufacturers compete on the national level through their capacity to distribute con...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
A handful of vertically integrated concrete product manufacturers dominate the industry. Still, fierce competition in the market for concrete products, like bricks, pavers an...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of James Hardie Industries's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of CSR's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Holcim Participants (Australia)'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 4 additional companies
Detailed analysis
- Description and key data for James Hardie Industries, and factors influencing its performance in the industry
- Description and key data for CSR, and factors influencing its performance in the industry
- Description and key data for Holcim Participants (Australia), and factors influencing its performance in the industry
- Description, key data and performance trends for 4 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Masonry, cladding and pipe product sales have plummeted in the residential building market in recent years. A hike in interest rates and withdrawal of the Federal HomeBuilder...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The industry's average profit margin has narrowed in response to weaker residential building trends and rising input costs. Pandemic-related supply chain disruptions have inf...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Concrete Product Manufacturing industry in Australia in 2024?
The market size of the Concrete Product Manufacturing industry in Australia is $3.2bn in 2024.
How many businesses are there in the Concrete Product Manufacturing in Australia industry in 2024?
There are 771 businesses in the Concrete Product Manufacturing industry in Australia, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Concrete Product Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Concrete Product Manufacturing industry in Australia has been declining at a CAGR of 0.3 % between 2019 and 2024.
What is the forecast growth of the Concrete Product Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Concrete Product Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Concrete Product Manufacturing market in Australia?
The biggest companies operating in the Concrete Product Manufacturing market in Australia are James Hardie Industries, CSR and Holcim Participants (Australia)
What does the Concrete Product Manufacturing in Australia include?
Bricks, blocks and pavers and Posts, poles and railway sleepers are part of the Concrete Product Manufacturing industry.
Which companies have the highest market share in the Concrete Product Manufacturing in Australia?
The company holding the most market share in Australia is James Hardie Industries.
How competitive is the Concrete Product Manufacturing industry in Australia?
The level of competition is high and increasing in the Concrete Product Manufacturing industry in Australia.
