Sheer perfection: Agriculture sector growth supports outsourcing trends and industry revenue

The Shearing, Cropping and Agricultural Support Services industry provides a range of services to the Agriculture subdivision, such as livestock marketing and handling, cropping, and shearing services. The industry's performance relies on demand from the farming sector, particularly cattle, sheep and grain industries. As a result, the frequent fluctuations in production volumes and prices of agricultural produce expose the industry to demand volatility. However, since the industry provides a range of services to various agricultural markets, total demand for industry services tends to remain fairly stable as weak performance in some areas is offset by stronger demand from other markets...read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 13-18
3.9%
Forecast Growth 18-23
Profit
Employment
31,616
Businesses
11,849
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry performance relies on farming sector demand, particularly livestock and grain industries
  • Weather patterns and farm production volumes have fluctuated over the past five years
  • Sheep and cattle numbers are forecast to increase over five years through 2022-23
  • Industry Report - Starting a New Business Chapter

    Overall, there are few barriers to entry into the industry. Generally, all inputs are readily available. Furthermore, service providers like harvesters are usually free to respond to changes in crop production. Nonetheless, possible barriers include capital-investment requirements, technology costs and problems securing finance for such investment. However, these barriers are not generally difficult to overcome.Like many agricultural service industries, profitability of the industry is volatile. It depends on a range of external factors that are beyond the control of service providers. These include world supply and demand forces in agricultural markets, weather conditions and plant disease that combine to determine production in farming. Giv...purchase to read more.

    Additional Insights for the Shearing, Cropping and Agricultural Support Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Shearing, Cropping and Agricultural Support Services Industry are

  • Having a good reputation
  • Superior financial management and debt management
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Demand from agriculture and Realised farm income in the Shearing, Cropping and Agricultural Support Services industry impact industry performance..

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    What's in this report

    What is the Shearing, Cropping and Agricultural Support Services Industry?

    Industry businesses primarily provide services to the agriculture sector, including aerial agricultural services, shearing, contract crop harvesting and animal testing. The industry excludes agistment services.

    Industry Products
  • Cropping services
  • Livestock services
  • Shearing and crutching services
  • Other services
  • Marketing and handling services
  • Industry Activities
  • Livestock mustering and droving
  • Artificial insemination
  • Crop and fruit harvesting
  • Farm irrigation
  • Hay baling or pressing
  • Livestock dipping
  • Shearing and crutching
  • Aerial crop planting, spraying and spreading
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from agriculture
  • Realised farm income
  • Agriculture irrigation water use
  • Domestic price of fertiliser
  • Level of annual rainfall

  • Current Performance
  • Outsourcing trends
  • Agricultural performance
  • Service demand
  • Profit and structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued outsourcing
  • Sheep and beef production
  • Crop production
  • Market opportunities
  • Table: Shearing, Cropping and Agricultural Support Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Shearing, Cropping and Agricultural Support Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Agribusiness
  • Organic Farming

  • Key Selling Industries
  • Agricultural Machinery Manufacturing
  • Farm and Construction Machinery Wholesaling
  • Industrial and Agricultural Chemical Product Wholesaling
  • Livestock and Other Agricultural Supplies Wholesaling
  • Petroleum Product Wholesaling

  • Products & Services
  • Marketing and handling services
  • Cropping services
  • Livestock services
  • Other services
  • Shearing and crutching services
  • Chart: Shearing, Cropping and Agricultural Support Services Industry Products and Services Segmentation

  • Demand Determinants
  • Agricultural production
  • Production costs

  • Major Markets
  • Crop farms
  • Dairy cattle farms
  • Sheep farms
  • Mixed livestock and crop farms
  • Beef cattle farms
  • Chart: Major Market Segmentation for the Shearing, Cropping and Agricultural Support Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Shearing, Cropping and Agricultural Support Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Shearing, Cropping and Agricultural Support Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Shearing, Cropping and Agricultural Support Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Shearing, Cropping and Agricultural Support Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Crutching
  • Removing wool from the face, belly and rear end of sheep.
  • El Nino
  • A recurring weather pattern that typically causes drought conditions across the eastern states of Australia.
  • Mustering
  • The rounding up of livestock for shearing, transport, slaughter or another purpose.
  • Turnoff Rate
  • The number of livestock produced by a rural property or district available for market.
  • What Our Customers Say

    Why buy this report?

    The Shearing, Cropping and Agricultural Support Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Shearing, Cropping and Agricultural Support Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Shearing, Cropping and Agricultural Support Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Shearing, Cropping and Agricultural Support Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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