SEARCH   
MEMBER LOGIN      
Forgot Password?

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

IBISWorld’s Taxi and Limousine Transport 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 12-17
1.6%
Annual Growth 17-22
Add to Cart
Profit
Add to Cart
Employment
73,510
Businesses
12,052
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 Products Chapter

The industry operates in four main areas: taxis, wheelchair-accessible taxis, silver service and luxury sedans, and limousines and wedding cars.

State governments regulate the booked and non-booked taxi segment of the industry, which has a web-like ownership structure. Typical taxi segment participants include taxi licence owners, licensed vehicle operators and the depot or network services providers that connect operators with customers. These roles are fluid and frequently overlap, particularly in smaller markets. Many taxi owners and operators that subcontract licensed taxis to drivers characterise the industry. The drivers are required by regulation to offer a standardised product with set fares, and to share revenue with the owner or operator of the taxi licence... 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


View Sample
Quote
Select Clients