Australia Fire Door Market size is projected to grow at a CAGR of 3.4% during 2023–2029

Swinging doors in terms of mechanism generated the largest revenue share in Australia Fire Doors Market – 6Wresearch

By mechanism, swinging doors accounted for the highest revenues in 2022 owing to their efficiency in emergency egress, adaptability to diverse building layouts, and robust durability, leading to a longer operational lifespan. Moreover, development plans such as the Emerald City Mixed-Use Development, the $608 million Queen Street Office Tower and others would increase the demand for Swinging fire doors in the coming years.

According to 6Wresearch, The Australia Fire Door Market size is projected to grow at a CAGR of 3.4% during 2023–2029. Australia has several infrastructure projects in the pipeline, such as the Jam Factory, a significant social infrastructure building project involving the redevelopment of both residential and commercial buildings, with an expected completion in 2025. Additionally, the government budget for 2022–2023 allocates USD 12.22 billion over ten years to key infrastructure projects, encompassing both residential and non-residential development.

Australia building construction sector is witnessing notable year-on-year growth in investment trends. The residential building construction project saw a substantial investment of $109.4 billion in 2021-2022 and is expected to increase to $112.8 billion in 2023-2024. The Australian Building Code (ABC), establishes minimum fire protection standards for residential and non-residential buildings, and these requirements have become increasingly stringent in recent years. This has increased the demand for fire doors for their indispensable role in ensuring an effective fire protection system.

According to Abhishek Mishra, Senior Research Analyst, 6Wresearch, in 2022, Interior fire doors held the maximum market revenue share in the Fire door market in Australia. This is attributed to their extensive use in both commercial and residential buildings, as they are strategically positioned in corridors, stairwells, and other critical pathways to ensure the orderly and secure evacuation of individuals from the buildings. Therefore, an increase in construction expenditure plans such as Plan Melbourne, Sydney’s Six Cities Vision and others may lead to an increase in demand for interior fire doors in the coming years.

The Australia Fire Doors Market (2023-2029) report provides an in-depth analysis with 14 figures and 7 tables, covered 68 pages. The report comprehensively covers the market by mechanism, product type, application, and mode of application. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.