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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 | Aug 2014

Procuring growth: Higher business confidence and interconnectedness boost revenue

IBISWorld’s Procurement Outsourcing Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$93m
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 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

 


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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