Australia door market size is projected to grow at a CAGR of 5.9% during 2023-2029F

On the basis of product type, interior doors segment accomplished the largest revenue share in Australia Doors Market – 6Wresearch

By product type, Interior doors accounted for the highest revenue share in 2022 and would lead the market during the forecast period on account of development in the residential and commercial real estate sectors such as 480 Swan Street Office Development – $330m investment, and Jam Factory 2025, Melbourne Square 2027 along with new building and remodeling would further boost the interior door market as the single building would require more interior doors in all rooms and compartments.

According to 6Wresearch, The Australia Door Market size is projected to grow at a CAGR of 5.9% during 2023–29F.  Australia doors market is expected to grow in the coming years owing to rapidly growing office market space with more than 942 thousand square feet of office area under construction along with construction of various retail sectors such as Ivanhoe Estate Town center, and redevelopment of Macquarie Centre among others. Smart doors and access control systems are becoming more common in business settings as a result of technological advancements. The growing popularity of "smart offices" increases the market's need for high-tech doors along with the growth of startup and commercial spaces in the nation would increase the development of buildings and boost the demand for doors in Australia. High inflation has led to a shift in consumer spending patterns and consumers have spent 4.8% less on furnishings and household equipment in 2022 which have acted as a key off-putting factor for the doors manufacturers in Australia.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, Australia presents growth potential for new construction in coming years, such as 5,500 ongoing infrastructure construction projects in Australia which are expected to be completed in 2025-26 and the Australian government announced a $124.7 million investment in the Build-to-Rent sector, would boost the new door market in new construction segment.

The Australia Doors Market (2023-2029) report provides an in-depth analysis with 18 figures and 9 tables, covered in 72 pages. The report comprehensively covers the market by material, mechanism, product type, applications, 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.