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Fibreglass Product Manufacturing in Australia - Market Research Report (2015-2030)

Josh Francisco Josh Francisco Melbourne, Australia Last Updated: August 2025 ANZSIC C1919b

Revenue

$1.0bn

2025-26

$1.0bn

Past 5-Year Growth

Profit

$XX.Xm

Employees

3,233

Businesses

338

Wages

$XXX.Xm

Fibreglass Product Manufacturing in Australia industry analysis

The Fibreglass Product Manufacturing industry has experienced volatile conditions in recent years. Industry revenue rose sharply in 2021-22 before plummeting again in 2022-23. Fibreglass product manufacturers are major suppliers to swimming pool and spa retailers, boat and shipbuilders, caravan manufacturers, and surfboard and ski retailers. At the start of the period, consumers were enthusiastic about home improvement and domestic travel, causing downstream demand to surge, but this growth was quickly upended by inflation and cost-of-living pressures beginning in the second half of 2022-23. However, recent years have seen a restoration of consumer confidence and a rebound in demand despite ongoing cost-of-living pressures. Fibreglass product manufacturers also derive a significant proportion of their demand from civil infrastructure, public transport and mining projects that require fibre-reinforced polymers (FRP), as well as domestically manufactured buses and trains. While demand from the Mining division has been sluggish over the past few years, civil infrastructure projects have picked up, requiring engineering products made from FRP that are much more durable than traditional materials. Overall, industry revenue is expected to climb by an annualised 3.2% over the five years through 2025-26, to $1.02 billion. This trend includes an expected hike of 0.5% in the current year.

Trends and Insights

  • Infrastructure projects have fuelled growth for fibreglass product manufacturers in recent years. By partnering on major civil works and supplying parts for public transport, manufacturers have seized new opportunities created by government spending.
  • Fibreglass caravan components, swimming pool shells and boat parts form the industry’s largest product segment. Fibreglass swimming pool sales are set to rise as new housing construction picks up in the coming years.
  • Queensland's strong industrial base, mining activity and warm climate make it a key hub for fibreglass manufacturing. Local demand for recreational and mining products ensures steady growth and supports leading national suppliers based in the state.
  • High industry fragmentation and significant barriers to entry, including costly equipment and a need for specialised skills, limit new competition. These factors keep market share concentration low and favour established, niche-focused manufacturers.
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 3.2 % over the past five years, to reach an estimated $1.0bn in 2025.

Trends and Insights

Industry revenue has shown signs of recovery thanks to rallying consumer demand for recreational products

  • The Australian Fibreglass Product Manufacturing industry had been in a gradual state of decline since 2007-08, primarily due to the flight of downstream and adjacent industries like automotive manufacturing, which rely on fibreglass products, as well as increasing pressure from intensifying import competition. The onset of the COVID-19 pandemic accelerated this downwards trend, resulting in a dramatic plunge in revenue during the latter half of 2019-20.
  • Additional trends and insights available with purchase
Fibreglass Product Manufacturing in Australia
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Fibreglass product manufacturers will continue benefiting from improving demand from downstream recreational markets

  • A significant proportion of industry revenue comes from recreational products made with or partially composed of fibreglass products, like boats, ships, caravans, spas and swimming pools. Demand from these key downstream industries is poised to edge upwards over the coming years in response to strengthening domestic demand, thanks to improving macro-economic conditions. A gradual recovery in consumer sentiment and strengthening discretionary income are set to encourage consumers to make purchases of fibreglass products for recreational end uses.

Biggest companies in the Fibreglass Product Manufacturing in Australia

Company
Market Share (%)
2026
Revenue ($m)
2026
Wagners
66.0
Aquatic Leisure Technologies
55.0
Narellan Pools
46.6

To view the market share and analysis for all 3 top companies in this industry, view purchase options.

Products & Services Segmentation

Fibreglass Product Manufacturing in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Fibreglass caravan components, swimming pool shells and boatbuilding, Fibreglass truck, trailer, train and bus components and Fibreglass bridge components. Fibreglass caravan components, swimming pool shells and boatbuilding is the largest segment of the Fibreglass Product Manufacturing in Australia.

Trends and Insights

Fibreglass caravan components, swimming pool shells and boatbuilding components contribute significantly to the industry's income

  • Fibreglass caravan components, swimming pool shells and boatbuilding components make up the industry's largest individual product segment.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Industry operators manufacture products from fibreglass. Industry firms cut fibreglass sheets to size for insulation and packaging, and make inputs for other manufacturers such as boat, truck, trailer, train and bus components. The industry also manufactures fibreglass caravans, bridges, water tanks and swimming pool shells. Fibreglass furniture is not included in the industry.

What's included in this industry?

Products and services covered in the Fibreglass Product Manufacturing industry in Australia include Fibreglass caravan components, swimming pool shells and boatbuilding components, Fibreglass truck, trailer, train and bus components, Fibreglass bridge components, Fibreglass tanks and Fibreglass building facade components.

Companies

Companies covered in the Fibreglass Product Manufacturing industry in Australia include Wagners, Aquatic Leisure Technologies and Narellan Pools.

Purchase this report to view all 3 major companies in this industry.

Related Terms

Related terms covered in the Fibreglass Product Manufacturing industry in Australia include polymer, composite material, fibreglass and aramid.

Industry Code

ANZSIC 2006

ANZSIC 1829 - Fibreglass Product Manufacturing in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Infrastructure projects have fuelled growth for fibreglass product manufacturers in recent years. By partnering on major civil works and supplying parts for public transport,...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Fibreglass caravan components, swimming pool shells and boat parts form the industry’s largest product segment. Fibreglass swimming pool sales are set to rise as new housing ...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Queensland's strong industrial base, mining activity and warm climate make it a key hub for fibreglass manufacturing. Local demand for recreational and mining products ensure...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

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.

Analyst insights

High industry fragmentation and significant barriers to entry, including costly equipment and a need for specialised skills, limit new competition. These factors keep market ...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Wagners Holding Company is the industry's largest player, controlling a significant share of the market through its Composite Fibre Technology (CFT) division. It produces fib...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Wagners's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Aquatic Leisure Technologies's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Narellan Pools's performance by revenue, market share and profit margin from 2019 through 2025

Detailed analysis

  • Description and key data for Wagners, and factors influencing its performance in the industry
  • Description and key data for Aquatic Leisure Technologies, and factors influencing its performance in the industry
  • Description and key data for Narellan Pools, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Strong demand from recreational markets and bridge construction is a key driver for industry growth. Retail swimming pool demand and higher prices for plastics also directly ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Profit margins have edged downwards owing to competition among many small, customised firms. However, reduced purchase costs and robust domestic demand have helped cushion th...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Fibreglass Product Manufacturing industry in Australia in 2025?

The market size of the Fibreglass Product Manufacturing industry in Australia is $1.0bn in 2025.

How many businesses are there in the Fibreglass Product Manufacturing industry in Australia in 2025?

There are 338 businesses in the Fibreglass Product Manufacturing industry in Australia, which has grown at a CAGR of 0.7 % between 2020 and 2025.

How may import tariffs affect the Fibreglass Product Manufacturing industry in Australia?

The Fibreglass Product Manufacturing industry in Australia is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.

How may export tariffs affect the Fibreglass Product Manufacturing industry in Australia?

The Fibreglass Product Manufacturing industry in Australia is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.

Has the Fibreglass Product Manufacturing industry in Australia grown or declined over the past 5 years?

The market size of the Fibreglass Product Manufacturing industry in Australia has been growing at a CAGR of 3.2 % between 2020 and 2025.

What is the forecast growth of the Fibreglass Product Manufacturing industry in Australia over the next 5 years?

Over the next five years, the Fibreglass Product Manufacturing industry in Australia is expected to grow.

What are the biggest companies in the Fibreglass Product Manufacturing industry in Australia?

The biggest companies operating in the Fibreglass Product Manufacturing industry in Australia are Wagners, Aquatic Leisure Technologies and Narellan Pools

What does the Fibreglass Product Manufacturing industry in Australia include?

Fibreglass caravan components, swimming pool shells and boatbuilding components and Fibreglass truck, trailer, train and bus components are part of the Fibreglass Product Manufacturing industry in Australia.

Which companies have the highest market share in the Fibreglass Product Manufacturing industry in Australia?

The company holding the most market share in the Fibreglass Product Manufacturing industry in Australia is Wagners.

How competitive is the Fibreglass Product Manufacturing industry in Australia?

The level of competition is moderate and steady in the Fibreglass Product Manufacturing industry in Australia.

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Australia include:

  • Australian Bureau of Statistics
  • Australian Taxation Office
  • Australian Securities & Investments Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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