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Sydney City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

Publisher MarketLine
Published Feb 15, 2024
Length 34 Pages
SKU # MTLN18747085

Description

Sydney City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail


Summary

“City Profile – Sydney” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Sydney.
  • The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
    • Greater Sydney, also referred to as Metropolitan Sydney, is one among the 16 GCCSA (Greater Capital City Statistical Area) and is the most populous GCCSA in Australia. Sydney is the economic center of Australia. Greater Sydney, constituting 19.6% of Australia's GDP in 2023, faced economic deceleration due to subdued consumer spending and inflation-driven constraints in 2023, with a growth rate of 1.4%. However, significant infrastructure investments, totaling AUD112.7 billion ($78.2 billion), were allocated to bolster various sectors in the region.Scope
    • The Industry and service sectors remain the key contributor to Sydney's economy and the major employers.
    • Sydney is a key tourist destination for both domestic and international tourists. The tourism sector in Sydney experienced significant growth in 2022, particularly with the reopening of borders to Chinese visitors, stimulating excitement and preparation efforts within the industry to rebuild connections and products for long-term sustainability.
    • The construction sector in Sydney, constituting 8.0% of the city's total Gross Value Added (GVA) in 2023, showcased resilience and growth after recovering from the challenges posed by the pandemic. Notably, it contributed AUD36.8 billion ($24.6 billion) in 2023, marking a notable increase of 9.5% from the previous year. Despite facing hurdles such as subdued investor confidence, elevated inflation, and labor shortages, Sydney's construction industry has maintained a positive trend.
    Reasons to Buy
    • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
    • Analyze and understand the business environment in the city to align your investment and expansion strategies.
    • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
    • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

    Table of Contents

    34 Pages
    1. City Snapshot
    2. PEST Analysis
    2.1 Political
    2.2 Economic
    2.3 Social
    3. Technology and Infrastructure
    3.1 Communications
    3.2 Internal Transport Networks
    3.3 Connectivity
    3.4 Airport
    3.5 Port
    4. Business Environment Analysis
    5. Travel and Tourism
    5.1 Tourism Flows
    5.2 Hotels
    5.3 Attractions
    5.4 Events
    6. Construction and Real Estate
    6.1 Investment
    6.2 Real Estate Market
    7. Retail
    7.1 Retail Market
    7.2 Consumption, Income and Prices
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    List of Tables
    Table 1: Greater Sydney – key facts (estimates), 2023
    Table 2: Greater Sydney – real GDP and real GDP growth, 2000–30
    Table 3: Greater Sydney – economic growth comparison (Index 2010=100), 2000–30
    Table 4: Greater Sydney – GDP per capita comparison, 2000–30 ($)
    Table 5: Greater Sydney – employment structure, 2000–30 (% of total)
    Table 6: Greater Sydney – main universities, 2023
    Table 7: Greater Sydney – population comparison, 2000–30 (million)
    Table 8: Greater Sydney – population by age, 2000–30 (% of total)
    Table 9: Greater Sydney – Sydney Airport, 2017–22
    Table 10: Sydney tourism region – domestic tourism indicator, 2019–23*
    Table 11: New South Wales – trips, 2019–23
    Table 12: New South Wales – expenditure, 2019–23, ($ million)
    Table 13: New South Wales – nights spent by overnight tourists, 2019–23
    Table 14: Sydney city – UNESCO World Heritage Sites
    Table 15: Sydney city – MICE and other events
    List of Figures
    Figure 1: Greater Sydney – real GDP and real GDP growth, 2000–30
    Figure 2: Greater Sydney – economic growth comparison (Index 2010=100), 2000–30
    Figure 3: Greater Sydney – GDP per capita comparison, 2000–30
    Figure 4: Greater Sydney – employment structure, 2000–30 (% of total)
    Figure 5: Greater Sydney – population comparison, 2000–30
    Figure 6: Greater Sydney – population by age, 2000–30 (% of total)

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