Industry Analysis & Industry Trends
Domestic demand for joinery installation equates to industry revenue as there is no international trade in these services. However, the nature of the industry is such that participants compete directly with unskilled DIY homeowners in the housing renovation market and with other skilled tradespeople in the new building construction market (e.g. general building contractors).
Two-thirds of industry revenue is generated from the installation of joinery products in the residential building market, including 40% generated on new housing construction working as subcontractors to prime builders or for the joinery manufacturer or wholesaler... purchase to read more
Industry Report - Industry Investment Chapter
Joinery installation is typically a labour intensive operation and the principal value added by the industry is through the application of carpentry and joinery skills and project management. The industry has a low investment requirement, comprising rudimentary power tools (e.g. power saws and nail guns), hand tools and equipment such as ladders and scaffolding.
Employment costs are forecast to account for 17% of industry revenue in 2012-13 (excluding payments to subcontractors and drawings from profit by working proprietors), and the industry's depreciation charges are about 0.5% of annual revenue... purchase to read more