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Building & Construction Research: Architects Display Positive Market Outlook

This research offers key insights into the changes in the building and construction industry over the past 12 months. We spoke to 200 Architects regarding their opinions across a range of areas including their business outlook, challenges, and the suppliers that best service their business.

Approximately one in five architects believe that the business conditions in their industry will improve in the next 6 months. Two thirds of Architects believe that business conditions will remain the same in the next 6 months. On balance, there is greater level of optimism than pessimism among Architects.

WA based architects are most positive about future business conditions. NSW, Queensland and Victorian based Architects are moderately positive, while SA Architects are the most pessimistic. Architects primarily engaged in Single Residential projects are much more optimistic than those engaged in Commercial or Mixed Developments.

The key challenges that Architects mentioned were government regulations and cash flow. 42% of Architects stated that government regulations or council approval caused them significant concern. 23% mentioned cash flow - in terms of banks tightening credit and building costs - were also a cause for concern. One fifth of Architects stated inconsistent workflow was a problem for their business.

Building and Construction Market research

Architects mention Boral, Bluescope Steel, CSR, James Hardie and Laminex as the manufacturers that best support their business. Boral were highlighted for providing updated product information and product sales. BlueScope Steel were also highlighted for providing updated product information but also quick resolution of queries. CSR were highlighted due to good technical support and good customer service. James Hardie was mentioned highlighted for providing updated product information, a good product range and an easy to navigate website. Laminex were praised for their regular representative visits, product samples and availability of products. 

Building and construction architect data

A total of 209 Architects in Australia participated in the research study. A quantitative telephone methodology was used. Interviews were completed between 29th April and 9th May 2013.

 

Topics: Market Research