Much appreciated: A depreciating Australian dollar has boosted international enrolments

The Art and Non-Vocational Education industry is highly fragmented, offering a variety of educational services to a diverse market made up of individuals and businesses. Although the various industry segments exhibit differing trends, the industry's fortunes are generally tied to economic conditions. The industry's reliance on business customers, net migration and the level of household discretionary income exposes it to some revenue volatility.The industry has expanded over the past five years, on the back of strong growth in most service segments. Higher discretionary income in most years have encouraged more parents to enrol their children in arts education over the period...read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 13-18
3.9%
Forecast Growth 18-23
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Profit
x.x%lock
Employment
79,167
Businesses
7,066
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Higher discretionary income has encouraged parents to enrol their children in arts education
  • Demand for professional development courses has been restricted by volatile business confidence
  • Colombia, Brazil and Saudi Arabia are expected to make up a rising share of international enrolments

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    Industry Report - Industry Investment Chapter

    The industry displays a low level of capital intensity. For every dollar spent on capital, an estimated $12.3 is spent on labour. However, as more than half of industry enterprises are owner-operators, the true level of labour intensity may be higher. Industry firms are reliant on teaching staff. As many teachers are experienced, qualified professionals, and provide reputational benefits for the firm, they command high salaries. Furthermore, for some industry segments, such as driving schools, instructors are essential to the service. However, growth in online courses has been reducing the need for full-time instructing staff to some degree, with language and academic testing conducted digitally rather than by staff. In ...purchase to read more.

    Additional Insights for the Art and Non-Vocational Education Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Art and Non-Vocational Education Industry are

  • Having a good technical knowledge of the product
  • Close to transport
  • Recommendation/accreditation from authoritative source

    • IBISWorld analysts also discuss how external factors such as Business confidence index and Real household discretionary income in the Art and Non-Vocational Education industry impact industry performance..

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    What's in this report

    Industry Products

    What is the Art and Non-Vocational Education Industry?

    Companies in the industry offer a range of education and training services. Industry operators include tutoring services, English Language Intensive Courses for Overseas Students (ELICOS) providers, driving schools and performing arts colleges. The industry excludes pre-schools, kindergartens, schools, higher education institutions, technical and further education (TAFE) colleges and sports instructors.

    Industry Products
  • Driving lessons
  • Professional development courses
  • English language education
  • Other courses
  • Tutoring
  • Business coaching
  • Arts education
    • Industry Activities
  • Dance and ballet school operation
  • Acting and drama school operation
  • Music school operation
  • Driving school operation
  • Theological college operation
  • Public speaking training
  • Tutoring
  • Language school operation
  • Career development training
  • Photography school operation
    • Table of Contents

    About this Industry

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources

    Industry at a Glance

    Industry Statistics Snapshot
    Industry Structure
    Executive Summary

    Industry Performance

    Executive Summary
    Key External Drivers
  • Business confidence index
  • Real household discretionary income
  • Net migration
  • Secondary school retention rate

    • Current Performance
  • International students and migrants
  • Tutoring and arts demand
  • Professional development and business coaching courses
  • Driving schools
  • Chart: Revenue Growth

    • Industry Outlook
  • English language courses
  • Tutoring
  • Professional development courses
  • Industry structure
  • Table: Art and Non-Vocational Education Industry Revenue Outlook

    • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Art and Non-Vocational Education Industry Lifecycle vs The Economy

    • Products & Markets

    Supply Chains
    Key Buying Industries
  • University and Other Higher Education
  • Industry Associations
  • Community Associations and Other Interest Groups

    • Key Selling Industries
  • Computer and Electronic Office Equipment Manufacturing
  • Industry Associations
  • Newspaper and Book Retailing
  • Wired Telecommunications Network Operation

    • Products & Services
  • English language education
  • Tutoring
  • Professional development courses
  • Driving lessons
  • Business coaching
  • Arts education
  • Other courses
  • Chart: Art and Non-Vocational Education Industry Products and Services Segmentation

    • Demand Determinants
    Major Markets
  • Households
  • International students and residents
  • Businesses and professionals
  • Government agencies
  • Chart: Major Market Segmentation for the Art and Non-Vocational Education Industry

    • International Trade
    Business Locations
    Chart: Business Locations by State

    Competitive Landscape

    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Art and Non-Vocational Education

    • Basis of Competition
  • Internal
  • External

    • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Art and Non-Vocational Education Industry

    • Industry Globalization

    Major Companies

    There are no major players in this industry. This report includes analysis of other companies.

    Operating Conditions

    Capital Intensity
  • Chart: Level of Capital Intensity for the Art and Non-Vocational Education Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

    • Regulation & Policy
    Industry Assistance

    Key Statistics

    Table: Industry Data for the Art and Non-Vocational Education 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

    Jargon & Glossary

    Elicos
  • Stands for English Language Intensive Course for Overseas Students, which are courses run from three weeks to six months in duration.
    • Tafe
  • Technical and Further Education courses are run by various institutions and cover a range of disciplines.
    • Vet
  • Also known as Vocational Education and Training, this involves training for a specific vocation in industry, agriculture or trade.
    • What Our Customers Say
    Why buy this report?

    IBISWorld’s Art and Non-Vocational Education market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    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
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    This report on Art and Non-Vocational Education:
    • 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 Art and Non-Vocational Education 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 Art and Non-Vocational Education, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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