Industry Analysis & Industry Trends
Over the past five years, strong industry growth has been driven by demand from local authorities for municipal waste collection services, through contracts with private collection. As more local governments outsource refuse collection services, revenue and services within the industry continue to grow. Government policies are also driving industry growth. A greater focus on recycling programs, and the expansion of these policies into newly regionalised areas, has increased the need for solid and recyclable waste collection by industry firms... purchase to read more
Industry Report - Industry Analysis Chapter
Demand for solid waste collection services has grown steadily over the past decade, as waste volumes have increased at a solid rate and as a greater number of local authorities have outsourced solid waste collection services. These factors have contributed to strong industry growth levels and relatively high profit margins.
High revenue growth
In the five years through 2013-14, industry revenue is expected to increase at an annualised 7.4% to $6.1 billion. High construction levels in the heavy industry sector, as well as high household waste volumes, drove this industry growth during these years. Overall, industry revenue growth has been relatively steady from year to year, which is reflected in the industry's low volatility level... purchase to read more