Taxi and Limousine Transport in Australia: Market Research Report

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

Taxi and Limousine Transport Market Research Report | ANZSIC I4626 | Jun 2014

Licence to drive: Gradual deregulation to drive growth in industry operators

IBISWorld’s Taxi and Limousine Transport market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

Stagnant revenue and heavy regulation have characterised the Taxi and Limousine Transport industry over the past five years. While industry services are well accepted across most demographics, they are discretionary and easily substituted. Low business and consumer confidence after the global financial crisis has suppressed demand for taxi services, as consumers flocked to cheaper public transport providers. Industry revenue is forecast to rise marginally, by an annualised 0.5% over the five years through 2013-14. Over the current year, revenue is forecast to improve by 1.8%, to total $5.4 billion.

The industry complements public transport and private vehicle transport by providing flexible door-to-door transport to consumers... purchase to read more

Industry Report - Industry Investment Chapter

The industry has a low level of capital intensity, with $0.03 spent on capital for every dollar spent on wages. The industry's major capital costs include the purchase of vehicle, the purchase of the taxi licence, the costs of telecommunications and tracking systems, electronic transactions equipment and navigation tools. Although there is a significant capital outlay, taxis are generally on the road 24 hours per day, with drivers rotating shifts. As a result, labour costs are high, comprising the largest share of industry revenue.

Vehicles are the major asset used in the industry. The relatively low value of passenger vehicles contributes to low capital expenditure within the industry, although additional costs may be incurred in the fit out of wheelchair access... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Taxi and Limousine Transport Industry?

Participants in this industry are primarily involved in operating taxicabs or private hire cars, or providing specialty road transport services such as wedding cars.

Industry Products
Non-booked taxi servicesBooked taxi servicesLimousine and wedding car servicesSilver service and luxury sedan servicesWheelchair-accessible taxi services
Industry Activities
Hiring out car with driverOther road passenger transport service provisionTaxicab management Taxicab service provisionTaxi radio base operationTaxi base operation

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