Wooden Structural Component Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: August 2024
ANZSIC C1492Revenue
$8.2bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
27,433
Businesses
4,329
Wages
$X.Xbn
Wooden Structural Component Manufacturing in Australia industry analysis
Weak demand and the availability of alternatives has seen revenue inch downwards in the Australian Wooden Structural Component Manufacturing industry. The main market for manufacturers is residential housing construction, which has experienced a drop in demand over the past few years in response to elevated mortgage interest rates pushing down new dwelling commencements. There has been a hike in the popularity of substitutes like aluminium and steel because of their lower prices and increased durability. Industry wide revenue has been declining at an annualised 0.3% over the past five years and is expected to total $8.2 billion in 2024-25, when revenue will dip by an estimated 1.8%.
Trends and Insights
- Demand from housing construction has fallen over the past few years. This has weighed on industry performance and hurt revenue for wooden component manufacturers.
- Wooden doors contribute the largest portion of industry revenue. Heightened demand for premium wooden doors has boosted revenue in this segment.
- New South Wales boasts the highest number of manufacturers. The high population and availability of trees make New South Wales a perfect location for wooden component manufacturers.
- The rising popularity of substitutes is preying on demand for wooden components. The increased popularity of substitutes like aluminium and steel, specifically in non-residential construction, is taking demand away from wooden component manufacturers.
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 $8.2bn in 2024.
Trends and Insights
Wooden component manufacturing is sensitive to fluctuations in housing construction demand
- Housing construction demand strongly impacts wooden component manufacturers, which produce products like wooden doors and window frames for housing construction.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Automation use will continue to spread
- In recent years, manufacturers have been investing in automation. Hume Doors has installed a system that provides automated warehouse functions using a unique shuttle robot concept, along with a fully automatic system for loading CNC routers and palletising both job lots and bulk lots of doors. The use of automation is expected to gain traction as technology continues to evolve.
Biggest companies in the Wooden Structural Component Manufacturing in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Ventora Group | 398.0 | |
Australian Panels | 360.7 | |
Hume Doors & Timber Group | 159.5 |
To view the market share and analysis for all 4 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 Wooden doors, Wooden wall and window frames and Wooden roof trusses. Wooden doors is the largest segment of the Wooden Structural Component Manufacturing in Australia.
Trends and Insights
An aesthetic appeal has supported revenue contribution from wooden doors
- Domestic and commercial buildings, including new buildings and renovations, use wooden doors extensively.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Aluminium Door and Window Manufacturing in Australia
- Structural Metal Product Manufacturing in Australia
Complementors
- Log Sawmilling in Australia
- Timber Resawing and Dressing in Australia
- Wooden Furniture and Upholstered Seat Manufacturing in Australia
- Hardware Wholesaling in Australia
International industries
- Wood Product Manufacturing in the US
- Cabinet & Vanity Manufacturing in the US
- Countertop Manufacturing in the US
- Cabinet & Vanity Manufacturing in Canada
- Wooden Structural Fitting and Component Manufacturing in New Zealand
Table of Contents
About this industry
Industry definition
Industry companies manufacture wooden structural fittings, components for prefabricated buildings, wood-framed doors, wood-framed windows, roof trusses, wooden kitchen cabinets, wall frames and joinery. Downstream construction markets, particularly housing construction, use these products extensively.
What's included in this industry?
Wooden doors Structural flooringCustom-made built-in wooden furnitureWooden roof trussesWooden walls and window framesWooden builders joinery and carpentryCompanies
Ventora GroupAustralian PanelsHume Doors & Timber GroupPurchase this report to view all 4 major companies in this industry.
Related Terms
HARDWOODSOFTWOODRESAWINGLAMINATED VENEER LUMBER (LVL)Industry Code
ANZSIC 1492 - Wooden Structural Component 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
Demand from housing construction has fallen over the past few years. This has weighed on industry performance and hurt revenue for wooden component manufacturers.
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
Wooden doors contribute the largest portion of industry revenue. Heightened demand for premium wooden doors has boosted revenue in this segment.
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
New South Wales boasts the highest number of manufacturers. The high population and availability of trees make New South Wales a perfect location for wooden component manufac...
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
The rising popularity of substitutes is preying on demand for wooden components. The increased popularity of substitutes like aluminium and steel, specifically in non-residen...
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
JELD-WEN's Australasian business has been sold to US-based Platinum Equity and is now called Ventora Group Pty Ltd. Platinum Equity’s industry knowledge and experience in doi...
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 Ventora Group's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Australian Panels's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Hume Doors & Timber Group's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Ventora Group, and factors influencing its performance in the industry
- Description and key data for Australian Panels, and factors influencing its performance in the industry
- Description and key data for Hume Doors & Timber Group, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Demand from housing construction is essential to the industry. Manufacturers sell products like wooden doors and window frames to the housing construction industry.
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 slowly risen. Automation has resulted in lower per-unit costs, while wage expenses as a percentage of revenue have fallen.
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 Wooden Structural Component Manufacturing industry in Australia in 2024?
The market size of the Wooden Structural Component Manufacturing industry in Australia is $8.2bn in 2024.
How many businesses are there in the Wooden Structural Component Manufacturing in Australia industry in 2024?
There are 4,329 businesses in the Wooden Structural Component Manufacturing industry in Australia, which has grown at a CAGR of 0.2 % between 2019 and 2024.
Has the Wooden Structural Component Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Wooden Structural Component Manufacturing industry in Australia has been declining at a CAGR of 0.3 % between 2019 and 2024.
What is the forecast growth of the Wooden Structural Component Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Wooden Structural Component Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Wooden Structural Component Manufacturing market in Australia?
The biggest companies operating in the Wooden Structural Component Manufacturing market in Australia are Ventora Group, Australian Panels and Hume Doors & Timber Group
What does the Wooden Structural Component Manufacturing in Australia include?
Wooden doors and Structural flooring are part of the Wooden Structural Component Manufacturing industry.
Which companies have the highest market share in the Wooden Structural Component Manufacturing in Australia?
The company holding the most market share in Australia is Ventora Group.
How competitive is the Wooden Structural Component Manufacturing industry in Australia?
The level of competition is high and steady in the Wooden Structural Component Manufacturing industry in Australia.
