Industry Analysis & Industry Trends
The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the five years through 2014-15. Industry revenue is estimated to grow at an annualised 10.2% over the period to reach $93.1 million. 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 Locations Chapter
The industry is heavily concentrated in New South Wales and Victoria, which partially reflects the spread of the industry's major markets. Both states, along with Queensland, are population centres and important revenue generators for retailers. In addition, Victoria is home to a significant number of manufacturers, especially in the automotive industries. Due to their large purchase expenses and complicated supply chains, manufacturers are a key market for the industry.
The general cargo ports of Melbourne and Sydney are significant areas of import and export of merchandise goods. The Port of Melbourne, for example, is the busiest container port in Australia... purchase to read more