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Art and Non-Vocational Education in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Art and Non-Vocational Education Market Research Report | ANZSIC P8210 | Feb 2013

School is out: Weaker demand from international students affects revenue growth

IBISWorld’s Art and Non-Vocational Education market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 08-13
-1.6%
Annual Growth 13-18
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Profit
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Employment
73,205
Businesses
10,094
Industry Analysis & Industry Trends

The Art and Non-Vocational Education industry is highly fragmented, offering a variety of educational services to a diverse market comprising individuals and corporations, from arts education to professional development courses. Although the various segments exhibit differing trends due in part to the latest fads and preferences, the industry's fortunes are generally tied to economic conditions. Besides households disposable income, the industry's reliance on business customers exposes the industry to further revenue volatility.

Over the five years through 2012-13, IBISWorld projects that industry revenue will contract at an annualised rate of 1.6%... purchase to read more

Industry Report - Industry Investment Chapter

The industry displays low capital intensity as labour costs significantly outweigh capital costs. For every dollar spent on capital, $10.1 is expended on labour. There is a high reliance on teaching staff, as is generally the case with industries in the Education division, although growth in external courses is reducing this reliance to some degree. For example, some tutoring courses can be taken online, reducing the cost of teaching staff.

Furthermore, the structure of many tutoring programs is becoming increasingly standardised, therefore reducing the required qualifications of the tutor delivering the education. Some tutoring businesses have sought to recruit university students as their employees... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Art and Non-Vocational Education Industry?

Companies in this industry offer a range of education and training services. Industry operators include tutoring businesses, ELICOS providers, driving schools, theological colleges. The industry excludes pre-schools, kindergartens, schools, higher education institutions, technical education and further education (TAFE) colleges and business college operations, computer training centres and education support services.

Industry Products
Driving schoolsProfessional development coursesELICOSTheological training and other education providersTutoringBusiness coachingArts education
 
Industry Activities
Ballet school operationDrama school operationDriving school operationTheological college operationTravel and hospitality college operationTutoring school operationLanguage school operationBusiness coachingArt education


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