Market Forecast By Material (uPVC, Wood, Metal, Others), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC021235 | Publication Date: Jun 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Australia Windows Market |
Forecast period | 2024-2030 |
CAGR | 4.8% |
Growing Sector | Residential |
The Australia Windows Market report thoroughly covers the market by material and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Windows Market is projected to attain more in the coming years on the back of the extreme, driven by the booming construction industry and the increasing demand for energy-efficient building materials. Australian homeowners and construction companies are increasingly focusing on not only aesthetic appeal but also on the sustainability and energy efficiency of windows, propelling the demand for advanced materials and smart window technologies.
According to 6Wresearch, the Australia windows Market size is expected to grow at a significant CAGR of 4.8% during the forecast period 2024-2030. Key drivers of this market include stringent government regulations on energy consumption in buildings, which encourage the adoption of energy-efficient windows. The trend towards green buildings and sustainable development practices has further fueled this demand. Additionally, the renovation and refurbishment of existing buildings represent a significant portion of the market, as homeowners seek to improve thermal efficiency and reduce energy costs. Innovation remains a key trend in the Australia windows industry, with manufacturers investing in new materials and technologies to enhance thermal insulation, durability, and functionality. Smart windows incorporating technologies for automatic tinting to control heat and light penetration are gaining traction. Furthermore, there is a growing preference for locally sourced materials and products, driven by concerns for sustainability and supply chain reliability amid global disruptions. This preference supports the domestic manufacturing sector and aligns with broader national economic goals.
Doric is a leading Australian manufacturer of window hardware, architectural door hardware, and window systems. They offer a comprehensive range of window products, including window locks, handles, hinges, and sliding door systems. Capral is one of Australia's largest manufacturers and distributors of aluminum extrusions, including aluminum windows and doors. Architectural Window Systems (AWS) is a major supplier of aluminum window and door systems in Australia. JELD-WEN is a global manufacturer of windows, doors, and building products, with a significant presence in the Australian market.
The Windows market in Australia is an essential part of the broader industry in Australia and is subject to many government regulations. The Australian Building Codes Board (ABCB) establishes and maintains the National Construction Code (NCC), which includes regulations for building design, construction materials, and performance requirements. The NCC includes provisions aimed at improving the energy efficiency of buildings, which impact the design and performance of windows. Government regulations mandate safety standards for windows, particularly regarding glazing materials to prevent accidents and injuries. In areas prone to bushfires, windows must comply with regulations outlined in the Building Code of Australia (BCA) to improve fire resistance and protect buildings from ember attack and radiant heat.
The Australia windows market growth is estimated to augment in the coming years. Continued advancements in window technology, including energy-efficient glazing, smart window systems, and self-cleaning coatings, are likely to drive market growth. Growing emphasis on sustainability and environmental responsibility is expected to shape the Australia windows market. Stringent energy efficiency regulations and building codes are anticipated to drive demand for high-performance windows that meet or exceed minimum thermal performance requirements.
According to Ravi Bhandari, Research Head, 6Wresearch, UPVC (unplasticized polyvinyl chloride) is expected to be the fastest growing segment during the forecast period. This can be attributed to its various advantages such as durability, low maintenance, energy efficiency, and cost-effectiveness compared to other materials like wood or metal.
Based on the application, the residential sector currently dominates the Australia windows market, accounting for a majority of demand. This can be attributed to the increasing focus on sustainable and energy-efficient buildings in the residential sector, as well as the growth in renovation and refurbishment projects.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Windows Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Windows Market Revenues & Volume, 2020 & 2030F |
3.3 Australia Windows Market - Industry Life Cycle |
3.4 Australia Windows Market - Porter's Five Forces |
3.5 Australia Windows Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.6 Australia Windows Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Australia Windows Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Windows Market Trends |
6 Australia Windows Market, By Types |
6.1 Australia Windows Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Australia Windows Market Revenues & Volume, By Material, 2020-2030F |
6.1.3 Australia Windows Market Revenues & Volume, By uPVC, 2020-2030F |
6.1.4 Australia Windows Market Revenues & Volume, By Wood, 2020-2030F |
6.1.5 Australia Windows Market Revenues & Volume, By Metal, 2020-2030F |
6.1.6 Australia Windows Market Revenues & Volume, By Others, 2020-2030F |
6.2 Australia Windows Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Windows Market Revenues & Volume, By Residential, 2020-2030F |
6.2.3 Australia Windows Market Revenues & Volume, By Commercial, 2020-2030F |
7 Australia Windows Market Import-Export Trade Statistics |
7.1 Australia Windows Market Export to Major Countries |
7.2 Australia Windows Market Imports from Major Countries |
8 Australia Windows Market Key Performance Indicators |
9 Australia Windows Market - Opportunity Assessment |
9.1 Australia Windows Market Opportunity Assessment, By Material, 2020 & 2030F |
9.2 Australia Windows Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Australia Windows Market - Competitive Landscape |
10.1 Australia Windows Market Revenue Share, By Companies, 2023 |
10.2 Australia Windows Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |