The market is dominated by domestic suppliers, as imports account for 17.3% of total market size in 2021. B2B drives market demand, with B2B spending representing 96.1% of total demand in 2021. Australia has the 10th largest market size for wood and wood products across the top 20 developed countries, with demand reaching USD13.7 billion in 2021. Building Supplies Group Holdings Pty Ltd is the largest company in Australia, generating 10.3% of the industry’s total production value in 2021. The industry is fragmented, with the top three companies generating 10.8% of total production value in 2021. The total number of companies increases in 2021, to 6,603 units. The costs of the industry increase by 21.8% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 15.3% of production value in 2021, the second highest across the top 20 developed countries. With production value of USD11.6 billion, Australia accounts for 75.6% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Wood and Wood products in Australia: ISIC 20. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wood and Wood products in Australia: ISIC 20 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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