Australia Doors Market: Import Trend Analysis
In the Australia doors market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -10.36%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at -0.82%. This negative momentum can be attributed to shifting demand patterns or potential market saturation, impacting the stability of the import market.
Australia Doors Market Synopsis
Australia door market was growing steadily on account of rapid growth in construction industry as total construction activities in Australia generated over $350 billion revenues in 2019 where commercial construction projects such as industrial, hospitality, and others have increased by 4.3% since 2018. Moreover, with government housing plans such as Indigenous Home Ownership Program (IHOP) providing affordable home loan finance, further boosted the door market. In 2020, due to outbreak of COVID, the government had announced lockdown which created supply chain disruption and economic slowdown, that impacted the Australia doors market negatively. However, with resumption of the paused projects and the realisation of pent-up demand owing to rising infrastructure projects, the market has started to show positive growth.
According to 6Wresearch, The Australia door market size is projected to grow at a CAGR of 5.9% during 2023–2029F. The door market is expected to show significant growth over the coming years driven by the burgeoning construction and infrastructure sector. Furthermore, the rising construction of residential buildings such as project in Melbourne 28 Montague Street with $1 billion investment, Pentridge Prison 2025 along with the increasing expenditure on social and economic infrastructure. As per Australian Construction Industry Forum (ACIF), Infrastructure Construction has continued to grow by 3.8% in 2022-23, which is mainly due to infrastructure development programs pursued by the government and its plan as per budget 2022-23 to make an infrastructure investment of $4.4 billion in over four years period till 2025-26 to sustain a smooth construction activity in public transportation to support the transition to a more sustainable energy future in coming years, which in turn would propel the demand for doors in Australia.
Market by Material
By material, metal doors accounted for highest revenues in 2022 owing to their sustainability and highly recycle material, and Australians prioritizes aluminum doors over any other metal doors. Moreover, the development plans such as the Emerald City Mixed-Use Development, $608 million Queen Street Office Tower and others would increase the demand for metal doors in the coming years. In terms of volume, wooden doors held the largest share owing to their cost effectiveness and natural grain patterns which makes them a versatile choice for homeowners. Moreover, with real estate projects such as 480 Swan Street Office Development – $330m investment, and Jam Factory 2025, along with renovation and remodelling projects would further boost the demand of wooden doors.
Market by Mechanism
Sliding doors held the highest revenues in Australia door market on the back of their significant demand in commercial sector such as offices, retail stores and housing sectors as it is used in entrance doors for its space saving benefits, smooth operation. With plans such as Development of housing projects under Victoria housing strategy 2017-2027 and Ivanhoe Estate Town Centre 2023-2025, would further drive the market for sliding doors in the coming years.
Market by Product Type
Interior doors accounted for majority of the revenue share in Australia door market as there are more interior doors than external doors in both residential and commercial structures. Therefore, an increase in construction expenditure plan such as plan Melbourne, Sydney’s Six Cities Vision and others may lead to an increase in demand for interior doors in the coming years.
Market by Application
Residential sector acquired major revenue share in Australia Doors Industry and same trend is expected to continue in the coming years as residential buildings have more functional spaces like bedrooms, bathrooms, kitchens, and living rooms which required separate door for each room. Moreover, with upcoming construction projects such as Sth Bnk by Beulah 2027, 19 Yarra Street would further boost the doors market across the country.
Market by Mode of Application
With the rising investments in the commercial and residential sector along with government initiative to accelerate the number of affordable housing strategy such as Queensland housing strategy 2017-2027 and infrastructure investment of $647 billion, from 2021-22 to 2025-26 boost the new construction, thus demand for doors would increase in the coming years.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 11 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Australia Doors Market Outlook
- Historical Data and Forecast of Australia Doors Market Revenues & Volume for the Period 2019 – 2029F
- Australia Doors Market Evolution & Trends
- Australia Doors Market Drivers & Restraints
- Australia Doors Market Porter's Five Forces
- Australia Doors Market Industry Life Cycle
- Historical Data and Forecast of Australia Doors Market Revenues & Volume, By Material for the Period 2019 – 2029F
- Historical Data and Forecast of Australia Doors Market Revenues, By Mechanism for the Period 2019 – 2029F
- Historical Data and Forecast of Australia Doors Market Revenues, By Product Type for the Period 2019 – 2029F
- Historical Data and Forecast of Australia Doors Market Revenues, By Application for the Period 2019 – 2029F
- Historical Data and Forecast of Australia Doors Market Revenues, By Mode of Application for the Period 2019 – 2029F
- Key Performance Indicators
- Market Opportunity Assessment
- Australia Doors Market Top Companies Market Ranking
- Australia Doors Market Competitive Benchmarking By Technical and Operational Parameters
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
Thereportprovides a detailed analysis of the following market segments:
By Material
- Wood
- Metal
- Plastic
- Glass
- Composite
By Mechanism
- Swinging
- Sliding
- Folding
- Overhead
- Others (Bifold, Automatic Doors)
By Product Type
- Interiors Doors
- Exterior Doors
By Application
- Residential
- Non - Residential
By Mode of Application
- New Construction
- Aftermarket
