Industry Analysis & Industry Trends
Revenue growth in the Solid Waste Collection Services industry has been supported by increased demand from downstream markets over the past five years. Increased construction activity, heightened demand from the hospitality sector, population growth and urbanisation have all contributed to greater solid waste volumes. This, in turn, has led to increased demand for industry services.
Industry revenue is expected to increase at an annualised 4.9% over the five years through 2015-16, outperforming growth in waste volumes. This outperformance has been driven by increased regulation of waste management, which has heightened demand for specialised services with higher fees... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the growth phase of its life cycle, due to the expansion of its services in response to increased environmental awareness, and the increasing use of its services due to a preference from major markets to outsource. Increasing economies of scale have also supported industry growth. While the industry has consolidated over the past five years, this trend has been mild and strong downstream demand is expected to encourage new entrants into the industry.
Industry value added, which measures the industry’s contribution to the overall economy, is forecast to grow at a compound annual rate of 6.9% over the 10 years through 2020-21. This is a much higher rate than GDP growth in Australia over the same period, which is projected to rise at a compound annual rate of 2.6%... purchase to read more