Industry revenue currently totals $4.2 billion, up by 3.7% on the previous year, but representing robust growth by an annualised 10% over the five years through 2012-13. This greatly exceeds the pace of Australia's GDP growth (2.6%). The local market for prefabricated buildings has trebled in value over the past decade, driven by the escalation in demand for facilities for use on mineral and oil developments (relocatable staff amenities and accommodation) and from the one-off government stimulus for refurbishment of primary schools (prefabricated classrooms).
Companies in this industry manufacture structurally complete prefabricated buildings such as temporary amenities (construction site office or toilets), relocatable buildings (classrooms or holiday cabins), kit homes, metal sheds, garages and to a lesser extent cubbyhouses and aviaries. Some firms will undertake on-site erection of the prefabricated buildings (for a fee) and the hire of prefabricated buildings.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.