SEARCH   
MEMBER LOGIN    

Public Relations Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Public Relations Services Market Research Report | ANZSIC M6962b | Jan 2015

Spreading the word: Digital media opens up new markets as clients get savvy about image

IBISWorld’s Public Relations Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$497m
Annual Growth 10-15
5.2%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
4,457
Businesses
432
Industry Analysis & Industry Trends

Mixed economic conditions in the past five years have not affected the Public Relations Services industry in the same way as traditional advertising. While marketing budgets tend to be one of the first items targeted in cost-cutting efforts, public relations (PR) services are often seen as more focused and therefore better value for money than media advertising. As a result, spending on PR tends to be less volatile and holds up better when budgets are cut. Additionally, some aspects of PR, such as communication with stakeholders, can be crucial in a downturn to allay fears and manage crises... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry are factors that prevent or limit a new operator from entering the industry. Key factors considered to assess entry barriers include regulatory requirements, qualifications or educational needs for staff, economies of scale, capital intensity and business networks. Of these, there are no specific regulatory or staff educational requirements that hinder the entry of new firms to the industry. Further, the industry has a low capital intensity level as labour inputs are very high. Staff experience and knowledge are important elements to establish and operate a PR firm. These low capital requirements contribute to the industry's low entry barriers.

Increasing economies of scale provides minimal benefits to the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Public Relations Services Industry?

Public relations agencies manage the communications between an organisation and its publics in order to promote favourable relationships and portray a desired image. This includes communication with the general public as well as employees, investors, customers, analysts and other stakeholders. In contrast to advertising, PR campaigns aim for exposure through public interest and news items rather than paid advertisements in order to give their message third-party legitimacy.

Industry Products
Consumer PR servicesBusiness-to-business communications servicesCrisis communications servicesPublic affairs communications servicesFinancial PR servicesOther PR servicesSocial media communications services
 
Industry Activities
Public relations servicesImage promotion servicesPolitical consulting servicesCrisis communications services


View Sample
Quote
Select Clients