First class: Increased international enrolments have boosted industry revenue

The Private Schools industry delivers primary and secondary education to approximately 1.4 million students. Private schools are primarily funded by the federal and state governments but they also generate revenue through tuition fees and donations. Solid demand for private education and rising tuition fees have boosted industry revenue over the past five years. The perception that private schools deliver higher quality education, combined with greater importance being placed on education in Australia, has boosted enrolment numbers over the period. Industry revenue is expected to grow at an annualised 4.8% over the five years through 2017-18, to $26.2 billion. This includes projected growth of 4.4% in the current year...read more.

Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 13-18
4.8%
Forecast Growth 18-23
Profit
Employment
157,933
Businesses
2,661
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Strong demand for private schools has driven growth in enrolments, tuition fees and revenue
  • The perceived higher quality of private education has driven enrolment growth
  • Rising household incomes and population growth are likely to increase demand for private education
  • Industry Report - Industry Products Chapter

    The Private Schools industry's services can be segmented according to school affiliation and the level or type of education provided. The size of each segment is determined by the number of schools within it. Special schools provide education to students with disabilities and diverse learning needs and can be Catholic or independent. Private schools can provide single-gender, co-educational and boarding environments.Catholic primary school educationCatholic schools in this segment provide education from prep to year 6 inclusive, with the exception of South Australia, which considers year 7 a primary school level. Cat...purchase to read more.

    Additional Insights for the Private Schools Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Private Schools Industry are

  • Access to highly skilled workforce
  • Having marketing expertise
  • Ability to raise revenue from additional sources
  • IBISWorld analysts also discuss how external factors such as Public funding for primary and secondary education and Number of private school students in the Private Schools industry impact industry performance..

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    What's in this report

    What is the Private Schools Industry?

    The industry includes private schools that provide primary education, secondary education, combined primary and secondary education, and special education. State and territory governments do not administer these schools, although private schools must adhere to educational policies set by relevant jurisdictions. In most instances, the education provided by the industry is delivered to students for a compulsory fee. Private schools are also referred to as non-government schools.

    Industry Products
  • Catholic primary school education
  • Catholic secondary school education
  • Independent primary school education
  • Independent secondary school education
  • Special school education
  • Industry Activities
  • Independent school operation
  • Catholic school operation
  • Private primary school operation
  • Private secondary school operation
  • Special school operation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Public funding for primary and secondary education
  • Number of private school students
  • Population aged between 5 and 18
  • Real household discretionary income
  • Secondary school retention rate

  • Current Performance
  • Enrolments
  • Government and private funding
  • Operating environment
  • Chart: Revenue Growth

  • Industry Outlook
  • Government funding
  • Enrolments
  • Increased competition
  • Table: Private Schools Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Private Schools Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Central Government Administration
  • Child Care Services
  • Communication Equipment Manufacturing
  • Computer and Electronic Office Equipment Manufacturing
  • Institutional Building Construction
  • Preschool Education
  • Stationery Goods Retailing

  • Products & Services
  • Catholic primary school education
  • Independent primary school education
  • Independent secondary school education
  • Catholic secondary school education
  • Special school education
  • Chart: Private Schools Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Year 3 to 6 students
  • Year 8 to 10 students
  • Prep to year 2 students
  • Year 11 and 12 students
  • Year 7 students
  • Chart: Major Market Segmentation for the Private Schools 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 Private Schools

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Private Schools 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 Private Schools 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 Private Schools 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
    Gonski Review
  • A report commissioned by the Federal Government into the education system. It was chaired by businessman David Gonski and published in November 2011.
  • Naplan
  • The National Assessment Program - Literacy and Numeracy, is a mandatory test administered in years 3, 5, 7 and 9 assessing student competency in numeracy, reading, writing and language.
  • Ses
  • Socioeconomic status. The SES funding model calculates the funding a school receives by using census data to determine its socioeconomic status.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Private Schools 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.

    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 Private Schools:
    • 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 Private Schools 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 Private Schools, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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