Facilities Management and Other Office Administrative Services in Australia - Industry Market Research Report
Description
Facilities Management and Other Office Administrative Services in Australia
The Facilities Management and Other Office Administrative Services industry has endured challenging conditions recently. Downstream markets have increasingly accepted the cost-reduction benefits of outsourcing non-core functions, buoying demand for industry services in recent years. Nonetheless, the pandemic stifled demand for industry services over the two years through 2020-21. Overall, industry revenue is anticipated to inch upward at an annualised 0.2% over the five years through 2023-24. Revenue is expected to jump by 1.8% in 2023-24 when revenue will total $17.4 billion as business confidence returns to positive.
Companies in the industry arrange a variety of upkeep services relating to a defined building, structure or space, typically over a fixed term and including more than one upkeep function. Activities include maintenance, cleaning, catering and waste management services. The industry also includes outsourced payroll services and business administrative functions.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Facilities Management and Other Office Administrative Services industry has endured challenging conditions recently. Downstream markets have increasingly accepted the cost-reduction benefits of outsourcing non-core functions, buoying demand for industry services in recent years. Nonetheless, the pandemic stifled demand for industry services over the two years through 2020-21. Overall, industry revenue is anticipated to inch upward at an annualised 0.2% over the five years through 2023-24. Revenue is expected to jump by 1.8% in 2023-24 when revenue will total $17.4 billion as business confidence returns to positive.
Companies in the industry arrange a variety of upkeep services relating to a defined building, structure or space, typically over a fixed term and including more than one upkeep function. Activities include maintenance, cleaning, catering and waste management services. The industry also includes outsourced payroll services and business administrative functions.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
