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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 | Jul 2016

Hail damage: External competition has caused industry revenue to decline

The Taxi and Limousine Transport market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Intensifying external competition has 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. Weak discretionary income growth, fluctuating consumer sentiment and high household savings rates over the past five years have suppressed overall demand for taxi services, with consumers flocking to cheaper transport providers. Industry revenue is forecast to rise modestly by an annualised 1.6% over the five years through 2016-17. Over the current year, revenue is forecast to drop by 0.9%, to $5.6 billion, as competitive threats from ride-sharing services increase... purchase to read more

Industry Report - Industry Locations Chapter

Taxi and limousine businesses require a steady supply of customers in order to operate profitably. Due to the substantial cost of licences and the running costs of vehicles, operators require their vehicle to be constantly earning revenue. As a result, the vast majority of business locations are within major cities, with the spread generally following the wider population. Establishments in the industry operate taxis, hold taxi licences, manage booking and call centres for the industry and provide maintenance and other support services.

The more populated states tend to have a greater number of taxis, with larger hubs of commerce and tourism having the highest concentrations... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Taxi and Limousine Transport Industry?

Participants in this industry primarily operate taxicabs or private hire cars, or provide specialty road transport services such as wedding cars. The industry currently excludes ride-sharing services, such as UberX, as this service is yet to be fully legalised and regulated in all states and territories of Australia.

Industry Products
Non-booked taxi servicesBooked taxi servicesLimousine and wedding car servicesSilver service and luxury sedan servicesWheelchair-accessible taxi services
Industry Activities
Hire care service (with driver)Road passenger transport (except bus)Taxi cab management serviceTaxi cab serviceTaxi radio base operationLeasing, hiring or renting of licensed taxi cabs

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