Taxi and Limousine Transport in Australia - Market Research Report

Taxi and Limousine Transport industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.3%

The Taxi and Limousine Transport industry has faced intensifying external competition over the past five years. While industry services are well accepted across most demographics, they are often considered discretionary and are easily substituted. Weak discretionary income growth and consumer sentiment over the past five years have suppressed overall demand for taxi services, with consumers increasingly using cheaper transport providers such as Uber, which is excluded from the industry. Industry revenue is expected to increase at an annualised 0.3% over the five years through 2018-19, to $5.7 billion. This includes an anticipated decline of 2.7% in the current year, as competition from ridesharing services increases. The industry complements public...
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Taxi and Limousine Transport 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 Taxi and Limousine Transport industry's service of providing door-to-door road transport is stable and well accepted. Demand for industry services typically correlates with broader economic indicators, such as population growth, discretionary income and business confidence. As industry services are saturated, some revenue volatility can stem from sporadic regulatory changes in taxi pricing and the number of licences released. The industry is anticipated to embrace new technology and regulatory changes over the next five years. These two trends are forecast to increase internal competition, with profit margins projected to face pressure as the lines between the industry's different products and services become increasingly blurred. As consumers ad...
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Taxi and Limousine Transport industry statistics

  • attach_money Market Size: $6bn
  • business Number of Businesses: 25,378
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 75,387

Biggest companies in the Taxi and Limousine Transport industry

The Taxi and Limousine Transport in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Taxi and Limousine Transport industry?

Industry Definition

Industry participants primarily operate taxicabs or private hire cars, or provide specialty road transport services such as wedding cars. The industry excludes ridesharing services, such as Uber.

Industry Products and Services

  • Non-booked taxi services
  • Booked taxi services
  • Limousine and wedding car services
  • Silver service and luxury sedan services
  • Wheelchair-accessible taxi services

Industry Activities

  • Hire car service (with driver)
  • Road passenger transport (except bus)
  • Taxi cab management service
  • Taxi cab service
  • Taxi radio base operation
  • Leasing, hiring or renting of licensed taxi cabs

Market research report - table of contents

Industry Definition

Industry participants primarily operate taxicabs or private hire cars, or provide specialty road transport services such as wedding cars. The industry excludes ridesharing services, such as Uber.

Main Activities

  • Hire car service (with driver)
  • Road passenger transport (except bus)
  • Taxi cab management service
  • Taxi cab service
  • Taxi radio base operation
  • Leasing, hiring or renting of licensed taxi cabs

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Individuals travelling to and from airports are a major market for the industry, and air passenger movements through capital city airports are a proxy for...
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Air passenger movements through capital city airports
Total tourist visitor nights
Business confidence index
Real household discretionary income

Current Performance

Taxi regulation
Other segments
 Chart: Revenue Growth

Industry Outlook

Regulation
 Table: Taxi and Limousine Transport in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Taxi and Limousine Transport in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Travel Agency and Tour Arrangement Services in Australia
Consumers in Australia





Key Selling Industries

Motor Vehicle Manufacturing in Australia
Communication Equipment Manufacturing in Australia
Telecommunications and Other Electrical Goods Wholesaling in Australia
Motor Vehicle Wholesaling in Australia
Motor Vehicle New Parts Wholesaling in Australia


Products & Services

The Taxi and Limousine Transport industry operates in four main areas: taxis, wheelchair-accessible taxis, silver service and luxury sedans, and limousine...
Businesses
Tourists




Demand Determinants

Demand for taxi and limousine transport relies on economic factors, such as real household discretionary income, and the availability of alternative trans...
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Major Markets

Businesses
Tourists





 Chart: Major Market Segmentation for the Taxi and Limousine Transport in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

The Taxi and Limousine Transport industry is characterised by a low level of market share concentration, with no player accounting for more than 5% of rev...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Taxi and Limousine Transport in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Taxi and Limousine Transport in Australia - Market Research Report Industry

Industry Globalization

The Taxi and Limousine Transport in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Taxi and Limousine Transport industry exhibits low capital intensity. For every dollar spent on capital costs in 2018-19, an estimated $15.27 is spent...
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 Chart: Level of Capital Intensity for the Taxi and Limousine Transport 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 Taxi and Limousine Transport 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, %

GPS

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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 Taxi and Limousine Transport industry?

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  • Inform your decisions for marketing, strategy and planning
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This report on Taxi and Limousine Transport 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 Taxi and Limousine Transport 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

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 Taxi and Limousine Transport in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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