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Facilities Management Services in Australia - Industry Market Research Report

Publisher IBISWorld
Published Mar 28, 2024
Length 41 Pages
SKU # IBSS18691657

Description

Facilities Management Services in Australia - Industry Market Research Report


Facilities Management Services in Australia

Facilities managers have benefited from the private and public sectors' increasing willingness to outsource non-core business activities. Strong demand from the mining and public sectors has amplified this trend. Yet negative trading conditions caused by the COVID-19 pandemic have weighed on facilities managers' incomes. For example, WFH practices and temporary delays to elective surgeries have reduced the need for facilities managers, with some clients taking the opportunity to organise cheaper contracts. Revenue is on track to rise at an annualised 0.4% over the five years through 2022-23, to $11.0 billion. This includes growth of 2.5% in 2022-23 as business activity recovers and pandemic restrictions ease.

Facilities managers primarily provide non-core business services that allow buildings and precincts to operate effectively. These include monitoring, planning and management services such as cleaning, gardening, security and maintenance. Industry services are typically provided under contract. The industry does not include major maintenance services for infrastructure such as roads, tunnels, railway lines, bridges, dams or public utility networks.

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

Table of Contents

41 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
How Do Licenses Work?
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