Australia’s concrete product manufacturing industry has reached beyond $3 billion in value this year, despite the sector facing difficulties.
A recent 2025 report from IBISWorld revealed the industry has an estimated value of $3.4 billion, growing at a modest but steady pace of 0.6% compound annual growth rate (CAGR) over the last five years even with residential construction issues.
The downturn in residential building has been offset by stronger performance in commercial construction, with sales of concrete and commercial products providing stability for manufacturers, according to AuManufacturing.
Modest recovery in multi-unit-dwelling construction has supported the industry along with industrial building construction, particularly with warehouses and other commercial structures.
Concrete product manufacturing has been best by widely divergent trends that include factors such as mortgage interest rate hikes stifling sales of concrete roof tiles and pavers.
The good news is that, according to the report, continued growth over the next half-decade is forecast, with concrete blocks, bricks and pavers providing a stable revenue base. For businesses in the sector, it was also highlighted that competition hinges on product differentiation, availability and price.
Image: Victoria’s Civilmart is a precast concrete manufacturer, one of many in the state. Credit: Civilmart.
About the author
Desi Corbett
Desi is the Editor of Concrete in Australia, at the helm since December 2013, and our weekly news writer since 2016. Focused on concrete and construction for more than 11 years, her expertise in this field forms part of a journalism career spanning three decades. To get in touch please email desi@corbettcomms.com