Industry Analysis & Industry Trends
The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the five years through 2012-13. Industry revenue is estimated to grow by an annualised 6.9% over the period to reach $1.43 billion. With the industry's markets being highly diversified, it has benefited from the growing number of Australian businesses. These businesses are also increasingly outsourcing their activities, which has supported demand for outsourced procurement services.
An overall increase in business confidence has backed growth in procurement activities and volumes. Some of these activities are outsourced to the industry, benefiting industry revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry exhibits a low level of market share concentration, with the four largest players estimated to generate less than 10% of industry revenue. The industry is dominated by small enterprises. At one end of the spectrum are niche operators providing procurement services to specialised industries and clients. At the other are well-known consulting brands with a small footprint in the industry that functions as a value add to larger supply chain consulting services.
Fragmentation is expected to remain a feature of the industry in the five years through 2012-13. While establishments per enterprise are expected to grow, growth in revenue per enterprise is not expected to exceed revenue growth... purchase to read more