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Residential Care Services n.e.c. in Australia

Published by: IBISWorld

Published: Jan. 21, 2004 - 25 Pages


Table of Contents


Definition
Key Statistics
Market Characteristics
Industry Segmentation
Industry Conditions
Performance
Industry Participants
Key Factors
Industry Outlook

Abstract

This Class consists of units mainly engaged in providing care accommodation or homes for disadvantaged persons where nursing or medical care is not provided as a major service. It also includes units providing corrective services for juvenile offenders.

The Industry O8722 - Residential Care Services n.e.c. in Australia ranks 369 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 decline 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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