$1.3bn
$XX.Xm
1,827
164
$XXX.Xm
Trends in international trade, commodity exports and passenger sea transport drive the Port Construction industry. The industry tends to display wide annual fluctuations corresponding with large-scale developments starting up and finishing. A core driver of industry activity in Australia has been facilitating growth in bulk commodity exports, like minerals, energy products and agricultural goods. The mining investment boom that peaked in 2012-13 supported unprecedented port construction, but these projects' completion has dampened demand for new developments in recent years. The industry's performance has also fluctuated widely after construction work was completed on wharf facilities, jetties and dredging to service new LNG terminals in Queensland, Western Australia and the Northern Territory. Work on the large-scale expansion of container port facilities at the Port of Melbourne's Webb Dock and the Brisbane International Cruise Terminal at the Port of Brisbane also concluded.
Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $1.3bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
McConnell Dowell | 60.6 | |
Hall Contracting | 59.3 | |
Clough | 18.9 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Container ports, Bulk ports and General cargo. Container ports is the largest segment of the Port Construction in Australia.
Revenue from bulk ports has expanded, propelled by the ongoing regional developments
Companies in the Port Construction industry construct, refurbish and alter ports and port amenities, including terminal infrastructure. Repair and maintenance activities are excluded from the industry.
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ANZSIC 3109 - Port Construction in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The industry has fluctuated widely, with favourable trends in the total mass of exports by sea and growth in the Mining division's output. Low performance in 2020-21 coincide...
Learn about an industry's products and services, markets and trends in international trade.
The port construction process has many stages, including design, procurement, construction and project management. Cargo type dictates the infrastructure requirements for the...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The construction of several major developments has supported Queensland's high reputation within the industry. These developments include upgrades to the Port of Gladstone an...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry's larger-scale projects involve substantial technical complexity and only a few players can effectively compete for some tenders. Industry participants compete o...
Learn about the performance of the top companies in the industry.
Many large port construction companies are responsible for constructing discrete stages of a major development, often involving specialist services like dredging and erecting ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The majority of industry regulations cover planning, environmental pollution, building standards, labour relations, and occupational health and safety. The National Building ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The Port Construction industry receives contracts to undertake large-scale works from ports and their stakeholders. As they are given control of their projects, companies pro...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Port Construction industry in Australia is $1.3bn in 2024.
There are 164 businesses in the Port Construction industry in Australia, which has grown at a CAGR of 2.9 % between 2018 and 2023.
The market size of the Port Construction industry in Australia has been growing at a CAGR of 2.2 % between 2018 and 2023.
Over the next five years, the Port Construction industry in Australia is expected to grow.
The biggest companies operating in the Port Construction market in Australia are McConnell Dowell, Hall Contracting and Clough
Dredging and Container terminal construction are part of the Port Construction industry.
The company holding the most market share in Australia is McConnell Dowell.
The level of competition is moderate and steady in the Port Construction industry in Australia.