Technical and Vocational Education and Training in New Zealand - Market Research Report

Technical and Vocational Education and Training industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.4%

Operators in the Technical and Vocational Education and Training industry have endured multiple challenges over the past five years. Revenue derived from domestic student fees has declined over the period due to falling domestic enrolments. Falling enrolments have also reduced government funding linked to the number of students enrolled. The lack of funding has forced some industry operators to merge to remain viable. However, the depreciation of the New Zealand dollar over the past five years has boosted international student enrolments, supporting industry revenue. Industry revenue is expected to rise at an annualised 0.1% over the five years through 2019-20. This slow growth is largely due to the annual maximum fee movements imposed by the governm...
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Technical and Vocational Education and Training 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 Technical and Vocational Education and Training industry is projected to grow over the next five years. Low maximum fee limits set by the government and limited increases in government funding are projected to constrain the industry's performance. However, the government's fees-free study initiative is anticipated to boost domestic student enrolments over the next five years. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to total $X.X billion. Industry enterprise numbers are projected to remain steady, as no Institutes of Technology and Polytechnics (ITPs) have indicated a desire to merge over the next five years. Furthermore, the government appointed a Crown Manager to Tai Poutini Polytechnic at...
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Technical and Vocational Education and Training industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 68
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 4,626

Biggest companies in the Technical and Vocational Education and Training industry

The companies holding the largest market share in the Technical and Vocational Education and Training in New Zealand industry include Unitec Institute of Technology, Ara Institute of Canterbury, Manukau Institute of Technology and Toi Ohomai Institute of Technology.

  • pie_chart Unitec Institute of Technology Market Share: x.x%
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  • pie_chart Ara Institute of Canterbury Market Share: x.x%
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  • pie_chart Manukau Institute of Technology Market Share: x.x%
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  • pie_chart Toi Ohomai Institute of Technology Market Share: x.x%
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What is Technical and Vocational Education and Training industry?

Industry Definition

Industry operators primarily provide technical and vocational education and training. The industry includes institutes of technology and polytechnics, as defined by the New Zealand Qualifications Authority. The industry excludes private and government training establishments that offer technical or vocational courses.

Industry Products and Services

  • Certificate level 1
  • Certificate level 2
  • Certificate level 3
  • Certificate level 4
  • Certificates and diplomas levels 5 to 7
  • Other qualifications

Industry Activities

  • Apprenticeship training program operation
  • Business college and school operation
  • Institute of technology operation
  • Technical and further education college operation
  • Vocational training

Market research report - table of contents

Industry Definition

Industry operators primarily provide technical and vocational education and training. The industry includes institutes of technology and polytechnics, as defined by the New Zealand Qualifications Authority. The industry excludes private and government training establishments that offer technical or vocational courses.

Main Activities

  • Apprenticeship training program operation
  • Business college and school operation
  • Institute of technology operation
  • Technical and further education college operation
  • Vocational training

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The industry is highly reliant on government funding. The New Zealand Government provides funding for tertiary institutions largely based on the number of...
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Public funding for tertiary education
Population aged between 15 and 45
National unemployment rate
Trade-weighted index

Current Performance

Student numbers
Policy and fees
Consolidation
 Chart: Revenue Growth

Industry Outlook

Enrolment trends
Funding reliance
 Table: Technical and Vocational Education and Training in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Technical and Vocational Education and Training in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in New Zealand






Key Selling Industries

Printing in New Zealand
Computer and Computer Peripheral Wholesaling in New Zealand
Paper Product Wholesaling in New Zealand
Internet Service Providers and Web Search Portals in New Zealand



Products & Services

The Technical and Vocational Education and Training industry provides qualifications to students. The industry's products and services can be segmented by...
Domestic students aged 25 to 39
Domestic students aged 40 and over
International students



Demand Determinants

A range of factors influence demand for technical and vocational education and training. These factors include government funding, course fees, the unempl...
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Major Markets

Domestic students aged 25 to 39
Domestic students aged 40 and over
International students




 Chart: Major Market Segmentation for the Technical and Vocational Education and Training in New Zealand - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

The industry has low market share concentration. The industry’s enterprises are Crown entities, with the four largest players expected to account for just...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Technical and Vocational Education and Training in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Technical and Vocational Education and Training in New Zealand - Market Research Report Industry

Industry Globalization

Unitec Institute of Technology is New Zealand's largest provider of technical and vocational education and training services. The institution offers over ...
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Unitec Institute of Technology

 Table: Unitec Institute of Technology - financial performance

Ara Institute of Canterbury

 Table: Ara Institute of Canterbury - financial performance

Manukau Institute of Technology

 Table: Manukau Institute of Technology - financial performance

Toi Ohomai Institute of Technology

 Table: Toi Ohomai Institute of Technology - financial performance

Capital Intensity

Despite the Technical and Vocational Education and Training industry's reliance on teaching staff, it remains moderately capital intensive. For every doll...
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 Chart: Level of Capital Intensity for the Technical and Vocational Education and Training in New Zealand - 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 Technical and Vocational Education and Training in New Zealand Industry

Industry Revenue (207-2026)
Industry Gross Product (207-2026)
Establishments (207-2026)
Businesses (207-2026)
Employment (207-2026)
Exports (207-2026)
Imports (207-2026)
Wages (207-2026)
Domestic Demand (207-2026)

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, %

INDUSTRY TRAINING ORGANISATION (ITO)

INSTITUTE OF TECHNOLOGY OR POLYTECHNICS (ITP)

PRIVATE TRAINING ESTABLISHMENT

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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

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This report on Technical and Vocational Education and Training in New Zealand:

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The Technical and Vocational Education and Training in New Zealand 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
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