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Accommodation for the Aged in Australia

Published by: IBISWorld

Published: Jul. 1, 2005 - 41 Pages


Table of Contents


Industry Definition
Key Statistics
Market Characteristics
Segmentation
Industry Conditions
Performance
Key Competitors
Key Factors
Outlook
News

Abstract

This Class consists of units mainly engaged in providing long-term care accommodation or homes for senior citizens where nursing or medical care is not provided as a major service.

The Industry O8721 - Accommodation for the Aged in Australia ranks 214 out of 496 by industry turnover and its life cycle is in a decline phase, which means that the industry is generally growing at slower than the economy.

Capital/labour intensity is low and the uptake of new technology is low. The industry's globalisation level is low and the trend is steady.

The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.

The trend for exports is steady and for imports it's steady. The level of regulation is heavy and steady and government assistance is high and steady.

This industry is forecast to have a moderate average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!

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