Stilted: Falling demand due to the effects of COVID-19 has diminished revenue
The Carpentry Services industry generates most of its revenue from work in the residential building and home renovation markets. These markets drive the installation of structural components like framework, roof trusses and cladding and internal fit-outs like flooring and cabinet joinery. The industry also subcontracts to prime builders of multi-unit apartment and townhouse developments and non-residential building projects, which principally involve internal fit-outs, like installing internal door systems, wall panels, staircases and cabinetry.
Industry operators carry out carpentry work or fix wooden formwork on construction projects. Businesses engaged in the manufacturing and installation of cupboards, shop fronts and wooden built in cabinets are not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Methodology
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