Construction · Australia · ANZSIC 3020

Commercial & Industrial Building Construction in Australia: Market Size, Businesses & Forecast 2026

The Commercial and Industrial Building Construction industry in Australia encompasses the construction, alteration, and renovation of non-residential structures such as offices, hotels, warehouses, and health facilities. According to the Australian Bureau of Statistics (ABS), non-residential building work done reached a seasonally adjusted value of 17,650.2 million AUD in the March quarter of 2026, registering an 11.2% increase compared to the March quarter of 2025 (ABS Construction Work Done, Australia, Preliminary, March 2026). Overall, total construction industry turnover across Australia was valued at 624.6 billion AUD during the 2023-24 financial year (Master Builders Australia), showin

Businesses · 2025
35k
Outlook
Growing
Competition
High, stable

Industry snapshot

Demand drivers
Corporate Capital Investment
Interest Rate Directions
Public Infrastructure Spend
Labor Market Capacity
Relative importance, Claight qualitative assessment.
Market structure
fragmented
moderate
concentrated
Competitive intensity
high, stable
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Key public data points

Non-residential building work done (March Quarter (2026)17,650 million AUD
Source: ABS Construction Work Done, Australia, Preliminary, March 2026
Annual Industry Turnover (Total Construction Sector) (2024)624.6 billion AUD
Source: Master Builders Australia / ABS Australian Industry
Total Operating Profits Before Tax (Total Construction (2025)58.0 billion AUD
Source: Master Builders Australia
Total Construction Sector Workforce (2025)1.32 million people
Source: Master Builders Australia (August 2025 figures)

Historical & forecast

Base year 2025. Each series is official through its own latest government-data year (shown in the legend on each chart), and years beyond that are Claight estimates. As of July 2026 the current year is still in progress (2026 annual data is not yet published), so the forecast runs to 2030.

Number of businesses
Base year 2025
Official data (2025) · ABS Counts of Australian Businesses (8165.0)Forecast
Latest year is official ABS; other years indexed to the ANZSIC division trend.
Forecast
2022
2023
2024
2025
2026
2027
2028
2029
2030
2025 base: 34,6922030 est: 40,849
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Industry Definition and Scope

What does the Commercial & Industrial Building Construction in Australia industry cover?

The industry primarily comprises entities focused on the on-site assembly, construction, renovation, or structural alteration of non-residential buildings. This operational boundary covers commercial storefronts, office high-rises, heavy industrial plants, medical centers, educational institutions, and transport terminals.

  • Classified under ANZSIC Class 3020 for Non-Residential Building Construction, which focuses on buildings intended for purposes other than long-term residence.
  • Includes the installation of prefabricated temperature-controlled structures and large-scale industrial building assemblies.
  • Excludes off-site production of structural components and specialized trade tasks such as electrical or plumbing installations.
  • Excludes pure architectural, structural design, or engineering consultancy services, which are segmented separately by statistical frameworks.

Market Structure and Operators

Who operates in the industry and how is it structured?

The market is structurally characterized by a substantial number of operational businesses, creating a competitive yet fragmented environment for small-to-medium enterprises alongside massive diversified construction contractors. As of June 2025, Master Builders Australia reports that there were 462,939 total construction businesses in operation across the broader national economy.

  • The broader construction industry employed 1.32 million people in Australia during August 2025, representing a 9% share of all national jobs.
  • Approximately 85.3% of the sector's jobs were full-time in nature as of late 2025, making it the second-largest full-time employer nationwide.
  • Construction businesses paid out an estimated total of 93.9 billion AUD in wages and salaries during the 2024-25 financial year.
  • Operating profits before tax across the total building and construction industry amounted to 58 billion AUD during the 2024-25 reporting period.
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Demand Drivers

What drives demand in the industry?

Demand is heavily driven by corporate capital expenditure, institutional expansions, public-sector procurement, and the logistical needs of warehousing networks. The industry is sensitive to macroeconomic cycles, interest rate changes, and public infrastructure pipelines.

  • In the March quarter of 2026, private sector investment and building demand drove non-residential work up by 2.5% on a quarterly basis.
  • A large backlog of work yet to be done has historically sustained industrial pipeline activity during periods of high borrowing costs.
  • Institutional demand centers around regional health and education development programs funded through both public and private capital.
  • Structural economic transitions toward net-zero targets encourage the building of updated, energy-efficient commercial facilities.

Competitive Landscape and Notable Public Companies

Who are the notable companies in the industry?

The competitive landscape features a tier-based operational hierarchy where localized private firms dominate boutique commercial builds, while major tier-one contractors control massive multi-million-dollar developments. Multinational corporations and diversified local players leverage deep balance sheets to secure institutional and industrial contracts.

  • Lendlease Group is an international real estate and construction group active across Australian commercial precinct developments.
  • CIMIC Group, through its major construction arm CPB Contractors, serves as a dominant operator in large-scale social and commercial building infrastructure.
  • Bouygues Construction Australia operates locally as part of its global parent company, delivering multi-disciplinary industrial and commercial projects.
  • Vaughan Constructions is a prominent domestic private builder specializing in nationwide industrial warehouses and automated corporate facilities.

Recent Trends and Outlook

What are the recent trends and outlook?

The sector has exhibited resilient performance in the non-residential building segment despite broader headwinds affecting domestic residential building markets. Labor capacity constraints and elevated input costs have lengthened project delivery times while preserving the total forward work volume.

  • Non-residential building work done rose 11.2% through the year to March 2026, reaching 17.65 billion AUD for the quarter.
  • The trend estimate for non-residential building construction rose by 2.3% between the December quarter of 2025 and the March quarter of 2026.
  • Persistent labor shortages led to a 3.8% increase in the wage price index for construction workers, creating higher ongoing delivery overheads.
  • Increasing integration of digital construction technologies like Building Information Modelling (BIM) is shaping corporate workflow strategies.
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Regulation and Compliance

How is the industry regulated?

Operators are bound by strict safety, environmental, and structural regulatory frameworks administered at federal, state, and territory levels. Ensuring compliance with building codes and workplace safety standard laws is crucial to avoiding project suspensions and legal actions.

  • Projects must adhere strictly to the National Construction Code (NCC) of Australia, which dictates structural, fire, and health safety parameters.
  • Workplace health and safety is strictly monitored under local state laws and standard federal guidelines via Safe Work Australia.
  • The Green Building Council of Australia (GBCA) influences non-residential projects through voluntary yet market-critical Green Star ratings.
  • Licensing frameworks managed by state authorities, such as the Victorian Building Authority or NSW Fair Trading, govern operator compliance.

Sources

Government, statistical and trade sources used for this Claight analysis.

  • Australian Bureau of Statistics (ABS) Construction Work Done, Australia, Preliminary, March 2026 ·
  • Master Builders Australia Industry Insights 2025 ·
  • Australian and New Zealand Standard Industrial Classification (ANZSIC) 2006 (Revision 1.0)

Claight analysis of public industry data.