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Carpentry and Joinery Timber Manufacturing in Australia - Market Research Report (2015-2030)

Michael Doyle Michael Doyle Melbourne, Australia Last Updated: March 2025 ANZSIC OD5324

Revenue

$4.6bn

2025-26

$4.6bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

15,028

Businesses

2,352

Wages

$X.Xbn

Carpentry and Joinery Timber Manufacturing in Australia industry analysis

The Carpentry and Joinery Timber Manufacturing industry’s performance has been heavily influenced by fluctuations in construction activity, particularly house construction, and shifts in the domestic price of timber over the past five years. From 2019-20 to 2021-22, low interest rates and government stimulus like the HomeBuilder scheme boosted housing construction and demand for timber products, elevating industry revenue. However, from 2021-22 onwards, rising interest rates and the end of stimulus programs led to decreased new dwelling commencements. This reduced demand and intensified price competition among manufacturers, tightening the industry’s profitability, although it has still expanded from 2019-20 levels.

Trends and Insights

  • Construction activity heavily influences demand for timber products. Diminished demand from construction firms, particularly since 2021-22, has lowered demand for carpentry and joinery timber products, constraining revenue and forcing manufacturers to adapt to changing market conditions.
  • Wooden doors are the largest and fastest growing product segment. Increased demand for premium wooden doors, along with less competition from substitutes because of wooden doors’ aesthetic appeal and relatively low price, has expanded the segment's revenue share since 2019-20.
  • Most carpentry and joinery timber manufacturers are concentrated along Australia's eastern seaboard. Queensland, Victoria and New South Wales account for the majority of establishments because of these states' high population densities and construction activity.
  • Industry fragmentation and product similarity mean buyers wield considerable power. With many manufacturers offering homogeneous products, buyers can easily switch suppliers and negotiate better prices, especially large construction companies with substantial purchasing volumes.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 1.4 % over the past five years, to reach an estimated $4.6bn in 2025.

Trends and Insights

Construction activity has heavily influenced demand for timber products

  • Demand for carpentry and joinery timber products, like wooden doors, handrails and stairs, relies heavily on downstream construction activity, particularly house construction. Over the past five years, construction activity has fluctuated, significantly influencing demand for these products.
  • Additional trends and insights available with purchase
Carpentry and Joinery Timber Manufacturing in Australia
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Government initiatives and population growth will stimulate housing construction, boosting demand for timber products

  • Over the next five years, government assistance to the construction sector, the need to improve housing supply and continued population growth are forecast to stimulate housing construction activity.

Biggest companies in the Carpentry and Joinery Timber Manufacturing in Australia

Company
Market Share (%)
2025
Revenue ($m)
2025
Ventora Group
314.9
Hume Doors & Timber Group
169.0
Carter Holt Harvey Building Products
57.9

To view the market share and analysis for all 6 top companies in this industry, view purchase options.

Products & Services Segmentation

Carpentry and Joinery Timber Manufacturing in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Wooden doors, Wooden window frames and Wardrobes and cupboards. Wooden doors is the largest segment of the Carpentry and Joinery Timber Manufacturing in Australia.

Trends and Insights

Growing demand for premium doors and weakening substitute competition have expanded sales of wooden doors

  • The wooden doors segment includes timber entry doors, internal house doors, wooden door systems and wardrobe and cupboard doors. These essential products are extensively used in residential and commercial construction projects.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Industry operators primarily manufacture carpentry and joinery timber products, like wooden doors, wooden window frames, prefabricated wooden panels and wooden cabinets.

What's included in this industry?

Wooden doorsWooden window frames WardrobesCupboardsStaircasesBenchtopsSkirting boardsArchitravesPanelsScreens

Companies

Ventora GroupHume Doors & Timber GroupCarter Holt Harvey Building Products

Purchase this report to view all 6 major companies in this industry.

Related Terms

DO-IT-YOURSELF (DIY)COMPUTER NUMERICAL CONTROL (CNC)JOINERY

Industry Code

ANZSIC 2006

ANZSIC 1492 - Carpentry and Joinery Timber 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

Construction activity heavily influences demand for timber products. Diminished demand from construction firms, particularly since 2021-22, has lowered demand for carpentry a...

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 (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • 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 are the largest and fastest growing product segment. Increased demand for premium wooden doors, along with less competition from substitutes because of wooden do...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • 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

Most carpentry and joinery timber manufacturers are concentrated along Australia's eastern seaboard. Queensland, Victoria and New South Wales account for the majority of esta...

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 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

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

Industry fragmentation and product similarity mean buyers wield considerable power. With many manufacturers offering homogeneous products, buyers can easily switch suppliers ...

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 2020-2025
  • 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

Ventora underwent significant consolidation and restructuring in 2023. After being acquired by Platinum Equity for around $688.0 million, Ventora was formed from JELD-WEN’s A...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Ventora Group's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Hume Doors & Timber Group's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Carter Holt Harvey Building Products's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 3 additional companies

Detailed analysis

  • Description and key data for Ventora Group, 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 and key data for Carter Holt Harvey Building Products, and factors influencing its performance in the industry
  • Description, key data and performance trends for 3 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Demand from house construction significantly influences the industry. The end of government programs like the HomeBuilder scheme and elevated housing loan rates have sharply ...

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 (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

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

Overall, industry profitability has expanded since 2019-20 thanks to automation and pricing strategies. Despite initial fluctuations caused by market conditions and competiti...

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 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

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 (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Carpentry and Joinery Timber Manufacturing industry in Australia in 2025?

The market size of the Carpentry and Joinery Timber Manufacturing industry in Australia is $4.6bn in 2025.

How many businesses are there in the Carpentry and Joinery Timber Manufacturing in Australia industry in 2025?

There are 2,352 businesses in the Carpentry and Joinery Timber Manufacturing industry in Australia, which has grown at a CAGR of 1.4 % between 2020 and 2025.

Has the Carpentry and Joinery Timber Manufacturing industry in Australia grown or declined over the past 5 years?

The market size of the Carpentry and Joinery Timber Manufacturing industry in Australia has been growing at a CAGR of 1.4 % between 2020 and 2025.

What is the forecast growth of the Carpentry and Joinery Timber Manufacturing industry in Australia over the next 5 years?

Over the next five years, the Carpentry and Joinery Timber Manufacturing industry in Australia is expected to grow.

What are the biggest companies in the Carpentry and Joinery Timber Manufacturing market in Australia?

The biggest companies operating in the Carpentry and Joinery Timber Manufacturing market in Australia are Ventora Group, Hume Doors & Timber Group and Carter Holt Harvey Building Products

What does the Carpentry and Joinery Timber Manufacturing in Australia include?

Wooden doors and Wooden window frames are part of the Carpentry and Joinery Timber Manufacturing industry.

Which companies have the highest market share in the Carpentry and Joinery Timber Manufacturing in Australia?

The company holding the most market share in Australia is Ventora Group.

How competitive is the Carpentry and Joinery Timber Manufacturing industry in Australia?

The level of competition is high and increasing in the Carpentry and Joinery Timber Manufacturing industry in Australia.

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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.