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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 | Jan 2013

Procuring growth: The industry benefits from increased business numbers and confidence

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
$1bn
Annual Growth 08-13
6.9%
Annual Growth 13-18
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Profit
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Employment
8,725
Businesses
820
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 Analysis Chapter

The Procurement Outsourcing Services industry has expanded strongly 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. A higher number of businesses in Australia and higher business sentiment have created a solid base market for the industry. Furthermore, the popularity of outsourcing among Australian businesses striving for greater efficiency and expanding their capital investments has supported rapid growth in industry revenue. Greater interconnectedness through the internet has also facilitated the trend towards outsourcing. However, the industry still faced slowdowns and overcapacity in the aftermath of the global downturn.

Industry revenue is estimated to grow by a brisk 8.9% in 2012-13... 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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