Machinery and Scaffolding Rental in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: May 2024
ANZSIC L6631Revenue
$10.2bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
24,955
Businesses
10,037
Wages
$X.Xbn
Machinery and Scaffolding Rental in Australia industry analysis
Rental companies have benefitted from favourable conditions in several downstream building and infrastructure markets through 2023-24 and buoyant trends in the industrial, mining, farming and DIY home renovation markets. Still, the industry has faced deteriorating rental conditions in the residential building markets. Industry revenue is expected to decline at an average annualised 1.0% over the past five years to total $10.2 billion in 2023-24. Revenue will contract by 6.9% in the current year, corresponding to the slump in new house construction and home renovation activity.
Trends and Insights
- A downward trend in the Building Construction subdivision contributed to the deteriorating rental of building equipment and scaffolding. Still, rental companies have derived some stimulus from favourable conditions in the non-building infrastructure, mining and agricultural markets.
- Scaffolding hire has fallen as a share of industry revenue, reflecting weak trends in several core building markets. The requirement for complex high-rise scaffolding systems has declined in the multi-unit apartment construction market.
- There is a skew in rental business distribution towards the resource-rich states of Queensland and Western Australia. The concentration of enterprises in Queensland partly reflects the state's substantial mining and agricultural production along with the geographically dispersed markets.
- Rental companies differentiate their business based on pricing, stock availability, product servicing and their range of machinery and scaffolding equipment. Pricing arrangements can be complex depending on the equipment type and lease duration.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.0 % over the past five years, to reach an estimated $10.2bn in 2024.
Trends and Insights
The housing slump slashes the rental of building equipment
- Rental companies have faced divergent movements in the core building markets, with the contraction in the residential building markets outweighing the positive trends in non-residential building construction.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Building markets to lift rental of tower cranes and complex scaffolding
- Investment in large-scale apartment and townhouse construction will drive solid growth in renting high-rise cranes and complex scaffolding systems through 2028-29. Construction of higher-density dwellings will be underpinned by mounting population pressures and the flow of funding into affordable housing under the Housing Australia Future Fund (HAFF).
Biggest companies in the Machinery and Scaffolding Rental in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Coates | 1,153.0 | |
Emeco Holdings | 509.0 | |
Kennards Hire | 485.5 |
To view the market share and analysis for all 8 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 Earthmoving and other heavy construction equipment, Cranes and access equipment and Other assets. Earthmoving and other heavy construction equipment is the largest segment of the Machinery and Scaffolding Rental in Australia.
Trends and Insights
Crane and access equipment rental is crucial for high-rise and heavy construction projects
- The most significant contribution to industry revenue comes from cranes and access equipment rental. Revenue from this segment has fallen through 2023-24, reflecting weaker high-rise apartment and subdued multi-storey office and hotel construction.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Site Preparation Services in Australia
Complementors
- Metal Cladding, Waterproofing and Scaffolding Services in Australia
- Construction Machinery and Operator Hire in Australia
- Transport Equipment and Large Vehicle Rental in Australia
International industries
- Industrial Equipment Rental & Leasing in the US
- Heavy Equipment Rental in Canada
- Industrial Equipment Rental & Leasing in Canada
- Heavy Machinery and Scaffolding Rental and Hiring in New Zealand
- Construction Equipment Rental & Leasing in the UK
Table of Contents
About this industry
Industry definition
Industry firms primarily supply industrial machinery, plant and equipment without operators to clients. Industry operators provide equipment on an operating lease basis, with financial leasing activities excluded from the industry.
What's included in this industry?
Cranes and access equipmentEarthmoving and other heavy construction equipmentScaffoldingForkliftsPortable accommodationNon-hire goods and servicesWorksite amenitiesCompanies
CoatesEmeco HoldingsKennards HirePurchase this report to view all 8 major companies in this industry.
Related Terms
LEASEOPERATING LEASEFINANCE LEASEWET HIREDRY HIREIndustry Code
ANZSIC 6631 - Machinery and Scaffolding Rental 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
A downward trend in the Building Construction subdivision contributed to the deteriorating rental of building equipment and scaffolding. Still, rental companies have derived ...
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
Scaffolding hire has fallen as a share of industry revenue, reflecting weak trends in several core building markets. The requirement for complex high-rise scaffolding systems...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
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
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
There is a skew in rental business distribution towards the resource-rich states of Queensland and Western Australia. The concentration of enterprises in Queensland partly re...
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
Rental companies differentiate their business based on pricing, stock availability, product servicing and their range of machinery and scaffolding equipment. Pricing arrangem...
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
Coates has the scale and breadth of operation to supply rental equipment to Australia's largest mining and construction companies. The company supplies specialist equipment f...
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 Coates's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Emeco Holdings's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Kennards Hire's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 5 additional companies
Detailed analysis
- Description and key data for Coates, and factors influencing its performance in the industry
- Description and key data for Emeco Holdings, and factors influencing its performance in the industry
- Description and key data for Kennards Hire, and factors influencing its performance in the industry
- Description, key data and performance trends for 5 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Adverse trends in the Building Construction subdivision have dampened the rental requirement for construction equipment and scaffolding. Contraction in the residential buildi...
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
Profit margins have widened on the back of more robust equipment rental to the mining and infrastructure markets. A weaker residential building market and pandemic-related su...
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 Machinery and Scaffolding Rental industry in Australia in 2024?
The market size of the Machinery and Scaffolding Rental industry in Australia is $10.2bn in 2024.
How many businesses are there in the Machinery and Scaffolding Rental in Australia industry in 2024?
There are 10,037 businesses in the Machinery and Scaffolding Rental industry in Australia, which has grown at a CAGR of 2.9 % between 2019 and 2024.
Has the Machinery and Scaffolding Rental industry in Australia grown or declined over the past 5 years?
The market size of the Machinery and Scaffolding Rental industry in Australia has been declining at a CAGR of 1.0 % between 2019 and 2024.
What is the forecast growth of the Machinery and Scaffolding Rental industry in Australia over the next 5 years?
Over the next five years, the Machinery and Scaffolding Rental industry in Australia is expected to grow.
What are the biggest companies in the Machinery and Scaffolding Rental market in Australia?
The biggest companies operating in the Machinery and Scaffolding Rental market in Australia are Coates, Emeco Holdings and Kennards Hire
What does the Machinery and Scaffolding Rental in Australia include?
Cranes and access equipment and Earthmoving and other heavy construction equipment are part of the Machinery and Scaffolding Rental industry.
Which companies have the highest market share in the Machinery and Scaffolding Rental in Australia?
The company holding the most market share in Australia is Coates.
How competitive is the Machinery and Scaffolding Rental industry in Australia?
The level of competition is high and increasing in the Machinery and Scaffolding Rental industry in Australia.
