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Procurement Outsourcing Services in Australia: Market Research Report

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

Procurement Outsourcing Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | May 2015

Confidence boost: Growth in business numbers and internet connections aids industry revenue

IBISWorld’s Procurement Outsourcing Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$136m
Annual Growth 10-15
10.2%
Annual Growth 15-20
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Profit
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Employment
560
Businesses
52
Industry Analysis & Industry Trends

The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the past five years. Industry revenue is expected to grow at an annualised 10.2% over the period to reach $135.9 million in 2014-15. The industry has benefited from the growing number of Australian businesses, as its markets are highly diversified. These businesses have also been increasingly outsourcing their activities, which has supported demand for outsourced procurement services.

Broadly positive business confidence levels over the period have contributed to growth in procurement activities and volumes. The industry outsources some of these activities, which benefits 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

 


Industry ProductsRelated ReportsTable of Contents

What is the Procurement Outsourcing Services Industry?

Companies in this industry act as a third party to provide procurement services for clients, including direct and indirect procurement. Procurement outsourcing allows client companies to reduce costs, improve efficiency and enhance performance.

Industry Products
Direct procurementIndirect procurement
 
Industry Activities
Direct procurementIndirect procurementDirect procurementIndirect procurement


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