Australia Wood Plastic Composites Market Size & Outlook

The wood plastic composites market in Australia is expected to reach a projected revenue of US$ 510.5 million by 2033. A compound annual growth rate of 12.3% is expected of Australia wood plastic composites market from 2026 to 2033.
Revenue, 2025 (US$M)
$202.1
Forecast, 2033 (US$M)
$510.5
CAGR, 2026 - 2033
12.3%
Report Coverage
Australia

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Australia wood plastic composites market, 2021-2033 (US$M)

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Australia wood plastic composites market highlights

  • The Australia wood plastic composites market generated a revenue of USD 202.1 million in 2025 and is expected to reach USD 510.5 million by 2033.
  • The Australia market is expected to grow at a CAGR of 12.3% from 2026 to 2033.
  • In terms of segment, polyethylene was the largest revenue generating product in 2025.
  • Polypropylene is the most lucrative product segment registering the fastest growth during the forecast period.


Wood plastic composites market data book summary

Market revenue in 2025USD 202.1 million
Market revenue in 2033USD 510.5 million
Growth rate12.3% (CAGR from 2026 to 2033)
Largest segmentPolyethylene
Fastest growing segmentPolypropylene
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene, Polypropylene, Polyvinylchloride, Others Product
Key market players worldwideCompagnie de Saint-Gobain SA, Fortune Brands Innovations Inc, FKuR, JM Holdings Co Ltd, TAMKO Building Products, Trex Co Inc, UFP Industries Inc, Advanced Environmental Recycling Technologies, Beologic, Polyplank, Timber Tech


Other key industry trends

  • In terms of revenue, Australia accounted for 2.3% of the global wood plastic composites market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China wood plastic composites market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,255.7 million by 2033.

Polyethylene was the largest segment with a revenue share of 73.92% in 2025. Horizon Databook has segmented the Australia wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride, others product covering the revenue growth of each sub-segment from 2021 to 2033.


The wood plastic composite market in Australia is majorly dominated by building & construction application segment. The steady increase of the country’s construction sector coupled with the regional governments’ efforts to promote the use of bioplastics in construction activities is expected to propel the wood plastic composite market growth over the forecast period.

High density construction projects have witnessed an increase of 39.4% in the past five years in Australia. The growth for these kinds of projects has been concentrated in Melbourne, Southern Queensland, Perth, and Sydney. The growth in residential density construction projects is driven by government’s efforts to equip large areas with urban infrastructure.

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Wood Plastic Composites Market Companies

Name Profile # Employees HQ Website
Timber Tech View profile 501-1000 Wilmington, Ohio, United States, North America https://timbertech.com
Polyplank View profile - Färjestaden, Kalmar Lan, Sweden, Europe http://www.polyplank.se/
Beologic View profile 11-50 Belgium, Wisconsin, United States, North America http://www.beologic.com
Advanced Environmental Recycling Technologies View profile 251-500 Springdale, Arkansas, United States, North America http://www.aert.com
Trex Co Inc View profile 1765 2500 Trex Way, Winchester, VA, United States, 22601 https://www.trex.com
JM Holdings Co Ltd View profile 5545 Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, Japan, 300-0847 http://www.japanmeat.co.jp
UFP Industries Inc View profile 15800 2801 East Beltline Avenue NE, Grand Rapids, MI, United States, 49525 https://www.ufpi.com
Fortune Brands Innovations Inc View profile 11700 520 Lake Cook Road, Suite 300, Deerfield, IL, United States, 60015-5611 https://www.fbin.com
TAMKO Building Products View profile 5001-10000 St Louis, Missouri, United States, North America http://tamko.com
FKuR View profile 51-100 Willich, Nordrhein-Westfalen, Germany, Europe https://fkur.com/
Compagnie de Saint-Gobain SA View profile 168508 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 http://www.saint-gobain.com

Australia wood plastic composites market size, by product, 2021-2033 (US$M)

Australia Wood Plastic Composites Market Outlook Share, 2025 & 2033 (US$M)

Australia wood plastic composites market size, by product, 2021-2033 (US$M)

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