Captivated: Increased tourism in Australia has boosted demand for the industry

Government funding and attendance numbers drive the Zoological and Botanical Gardens industry’s performance. Rising domestic and international tourism, and higher discretionary income, have supported the industry over the past five years. However, an increasing range of alternative recreational activities outside the industry has intensified competition for zoos, aquariums and botanical gardens. Overall, industry revenue is expected to grow at an annualised 1.0% over the five years through 2018-19, to $801.3 million. This includes a rise of 2.3% in the current year.Tourist numbers have increased over the past five years, assisting industry more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Rising domestic and international tourism has supported industry revenue growth
  • Government funding has fallen as a share of revenue for most establishments
  • Rising domestic and international tourism will continue supporting revenue growth
  • Industry Report - Starting a New Business Chapter

    Barriers to entry are significant for some segments, such as botanical gardens, given the need for an initial grant of Crown land on which to establish. For zoos and aquariums, there are state licences and regulations associated with the keeping and display of native and foreign animals. Many private aquariums are located on long-term Crown land leases or on public land, which gives these establishments an advantage over potential new entrants.Some state government licenses are required to operate in plant and animal exhibit and research areas. Federal licenses are also required for animal imports. Zoos need to abide by government requirements for keeping, housing and raising animals, while zoos, aquariums and gardens are required to meet safety laws for visitors and staff. Edu...purchase to read more.

    Additional Insights for the Zoological and Botanical Gardens Industry

    IBISWorld has determined the most important Key Success Factors for the Zoological and Botanical Gardens are:

  • Proximity to key markets
  • Carrying out all necessary maintenance to keep facilities in good condition
  • Effective product promotion
  • IBISWorld analysts also discuss how external factors such as Domestic tourist visitor nights and Expenditure on recreation and culture in the Zoological and Botanical Gardens industry impact industry performance..

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    What's in this report

    What is the Zoological and Botanical Gardens Industry?

    The industry includes the operation of zoos, aquariums and botanical gardens.

    Industry Products
  • Zoological gardens
  • Aquariums
  • Botanical gardens
  • Other sites
  • Industry Activities
  • Aquarium operation
  • Arboretum operation
  • Aviary operation
  • Botanical garden operation
  • Herbarium operation
  • Zoological garden operation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic tourist visitor nights
  • Expenditure on recreation and culture
  • Government funding for heritage and arts
  • International tourist visitor nights
  • Real household discretionary income

  • Current Performance
  • Tourism
  • Government funding
  • Consumer trends
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Tourism
  • Government funding
  • Competition
  • New exhibits
  • Table: Zoological and Botanical Gardens Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Zoological and Botanical Gardens Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Floriculture Production
  • Gardening Services
  • Veterinary Services

  • Products & Services
  • Zoological gardens
  • Aquariums
  • Other sites
  • Botanical gardens
  • Chart: Zoological and Botanical Gardens Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Local visitors
  • International visitors
  • Interstate visitors
  • Chart: Major Market Segmentation for the Zoological and Botanical Gardens Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Zoological and Botanical Gardens

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Zoological and Botanical Gardens Industry

  • Industry Globalization
    Merlin Entertainments (Australia) Pty Ltd, Zoological Parks Board of New South Wales, Zoological Parks and Gardens Board, Royal Botanic Gardens and Domain Trust,
  • Table: Merlin Entertainments (Australia) Pty Ltd - financial performance
  • Table: Zoological Parks Board of New South Wales - financial performance
  • Table: Zoological Parks and Gardens Board - financial performance
  • Table: Royal Botanic Gardens and Domain Trust - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Zoological and Botanical Gardens 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 Zoological and Botanical Gardens Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A pond, tank, or establishment in which living aquatic animals or plants are kept for exhibition purposes.
  • Enclosure
  • The cage in which an animal is kept for display. When zoos were first established, these cages were rudimentary, but efforts are increasingly made to reproduce the animals' natural habitat.
  • Oceanarium
  • An enclosed part of the sea or a large saltwater pool where sea fauna are kept.
  • Open-Range Zoo
  • Similar to a wildlife park, an open-range zoo is where the animals are not kept in enclosures and are allowed to roam freely.
  • What Our Customers Say

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    IBISWorld’s Zoological and Botanical Gardens 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.

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    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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    • 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 Zoological and Botanical Gardens 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

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