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 for 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 Key Buyers Chapter
Industry concentration indicates the market power able to be exerted by the largest firms in the industry. Within the industry, the largest four companies are estimated to account for 32.4% of industry revenue in 2013-14. With 40.0% or under being a low concentration level and over 40.0% being a medium level, the industry has a low-to-medium concentration level overall. Therefore, the larger firms in the industry may be able to exert some pricing and market power, while also benefiting from economies of scale to reduce costs and maximise profit.
Over the past five years, the industry concentration level has decreased due to the entry of new firms across a wider geographic range, resulting in a loss of market share for large companies... purchase to read more