Parking Services in Australia - Market Research Report

Parking Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 4.3%

The Parking Services industry has experienced strong growth over the past five years. A growing number of motor vehicles, rising airport patronage and increasing discretionary incomes have fuelled industry revenue growth. Industry revenue is expected to grow at an annualised 4.3% over the five years through 2018-19, to total $1.6 billion. The airport parking services segment accounts for over one-third of industry revenue and is a large contributor to industry profitability. Modest growth in discretionary income over the past five years has supported Australian consumers travelling interstate and overseas. Steady growth in air passenger movements between capital city airports has driven demand for airport parking services and has supported industry...
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Parking Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Parking Services industry is anticipated to benefit from positive operating conditions over the next five years, particularly due to higher demand for parking at airports and greater motor vehicle usage. Increased demand for parking services, is forecast to support industry expansion. Several large transportation infrastructure projects are expected to reach completion over the period, allowing greater numbers of people to commute by motor vehicle, boosting demand for parking. However, increased congestion and rising fuel costs are likely to deter some commuters from travelling by car, which may hinder industry growth. Overall, industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to total $X.X billion. I...
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Parking Services industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 660
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,738

Biggest companies in the Parking Services industry

The companies holding the largest market share in the Parking Services in Australia industry include Wilson Parking Australia 1992 Pty Ltd, Secure Parking Pty Ltd, Australia Pacific Airports Corporation Limited, Sydney Airport and BAC Holdings Limited.

  • pie_chart Wilson Parking Australia 1992 Pty Ltd Market Share: x.x%
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  • pie_chart Secure Parking Pty Ltd Market Share: x.x%
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  • pie_chart Australia Pacific Airports Corporation Limited Market Share: x.x%
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  • pie_chart Sydney Airport Market Share: x.x%
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  • pie_chart BAC Holdings Limited Market Share: x.x%
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What is Parking Services industry?

Industry Definition

Industry operators provide parking space for motor vehicles, generally on an hourly, daily or monthly basis. This includes parking garages, parking stations and valet parking. Council operated car parks are excluded from the industry.

Industry Products and Services

  • Periodic car parking services
  • Daily car parking services
  • Short-stay car parking services
  • Weekday off-peak car parking services
  • Airport car parking services
  • Other car parking services

Industry Activities

  • Car park operation
  • Parking station operation
  • Airport car park operation
  • Automobile parking garage or lot operation
  • Valet parking service

Market research report - table of contents

Industry Definition

Industry operators provide parking space for motor vehicles, generally on an hourly, daily or monthly basis. This includes parking garages, parking stations and valet parking. Council operated car parks are excluded from the industry.

Main Activities

  • Car park operation
  • Parking station operation
  • Airport car park operation
  • Automobile parking garage or lot operation
  • Valet parking service

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The number of motor vehicles on Australian roads is a key demand determinant for car parking services. When the number of motor vehicles increases, demand...
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Number of motor vehicles
Air passenger movements through capital city airports
Total employees in the labour force
World price of crude oil

Current Performance

Demand and supply
Park and fly
Margins and market power
 Chart: Revenue Growth

Industry Outlook

Future industry constraints
Profitability factors
 Table: Parking Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Parking Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Telecommunications and Other Electrical Goods Wholesaling in Australia
Commercial Vehicle Wholesaling in Australia
Industrial and Other Property Operators in Australia
Paint and Coatings Manufacturing in Australia



Products & Services

The industry's main service is providing secure places to park vehicles off-street. Industry operators segment their offerings according to the type of ca...
Fourth income quintile households
Businesses and other sectors
Third income quintile households
Second income quintile households
Lowest income quintile households

Demand Determinants

Demand for car parking services depends on a range of factors. Pricing is a major demand driver, but factors such as availability of substitutes, vehicle ...
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Major Markets

Fourth income quintile households
Businesses and other sectors
Third income quintile households
Second income quintile households
Lowest income quintile households


 Chart: Major Market Segmentation for the Parking Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Parking Services industry is moderately concentrated. The four largest players are estimated to account for approximately 60% of industry revenue in 2...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Parking Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Parking Services in Australia - Market Research Report Industry

Industry Globalization

Wilson Parking commenced business in 1962 in Perth and was incorporated in Australia in 1991. Wilson Parking Australia 1992 Pty Ltd is ultimately owned by...
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Wilson Parking

 Table: Wilson Parking - financial performance

Secure Parking

 Table: Secure Parking - financial performance

Melbourne Airport

 Table: Melbourne Airport - financial performance

Sydney Airport

 Table: Sydney Airport - financial performance

Brisbane Airport Corporation

 Table: Brisbane Airport Corporation - financial performance

Capital Intensity

The industry is highly capital-intensive. For every dollar spent on capital, an estimated $2.00 is expected to be spent on labour in 2018-19. The industry...
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 Chart: Level of Capital Intensity for the Parking Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Parking Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

INNER URBAN

LONG-STAY PARKING

SHORT-STAY PARKING

STACK PARKING

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Parking Services industry?

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This report on Parking Services in Australia:

  • 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 Parking Services in Australia 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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