Industry Analysis & Industry Trends
The Tradesman and Handyman Franchises industry has grown consistently over the past five years. Industry operators are typically sole traders that perform of range of jobs such as gardening, building maintenance, plumbing, fencing and painting. Operators have benefited from the increasing number of consumers lacking time and skills for labour-intensive manual tasks around the home. As a result, the industry is expected to grow at an annualised 3.3% over the five years through 2015-16, to total $943.1 million. Furthermore, industry revenue is expected to grow by 3.4% in 2015-16, due to stronger demand.
The steady rise in the number of housing transfers and households over the past five years has aided industry growth... purchase to read more
Industry Report - Industry Investment Chapter
The Tradesman and Handyman Franchises industry exhibits a low level of capital intensity. Despite a heavy focus on capital costs, the industry is highly labour-intensive, requiring labour functions to perform the majority of the jobs requested by consumers. Capital intensity has increased over the past five years due to the growing sophistication of the tools and equipment used to carry out specific jobs. To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Wages are used as a proxy for labour, and depreciation is used as a proxy for capital. In 2015-16, wages are projected to account for 61.9% of industry revenue, with depreciation estimated at 3.7%... purchase to read more