Not faring well: Subdued government funding has constrained industry revenue growth

New Zealand's welfare state system was at its prime from the late 1940s to the 1970s, after which its viability was questioned on economic grounds. In the following decades, a new emphasis on community care and deinstitutionalisation saw the community and the voluntary social service sector assume a greater role in welfare services provision, including counselling services and other personal social services. As the state withdrew from providing several social services from the late 1980s onwards, attempting to wind back the welfare state, it was often left to community organisations to deal with the fallout from social-service spending cuts.The Personal Welfare Services industry's revenue is expected to grow at a weak annualised 0.9%...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 13-18
0.9%
Forecast Growth 18-23
Profit
Employment
16,500
Businesses
1,804
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Despite recent economic growth, a large wealth disparity has sustained demand for industry services
  • Demand for industry services has been ongoing, but funding constraints have limited revenue growth
  • Government funding for the industry is not anticipated to increase substantially
  • Industry Report - Industry Locations Chapter

    The geographical distribution of industry activity reflects New Zealand’s population spread, with the largest proportion of industry establishments found in key regional areas. This explains the dominance of the Auckland, Wellington and Canterbury regions, which account for over 50% of industry establishments and approximately 57% of the country’s population. Auckland’s current housing price bubble, combined with a housing shortage as a result of rapid population growth due to a significant influx of migrants, has put additional housing stress on low-income earners and the financially disadvantaged. Thi...purchase to read more.

    Additional Insights for the Personal Welfare Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Personal Welfare Services Industry are

  • Ability to raise revenue from additional sources
  • Must comply with government regulations
  • Access to volunteer labour
  • IBISWorld analysts also discuss how external factors such as Level of social assistance and Real household disposable income in the Personal Welfare Services industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Personal Welfare Services in New Zealand Industry?

    The Personal Welfare Services industry provides social support directly to clients. Services include adoption, aged-care assistance, disability assistance, youth welfare and welfare counselling. Only short-stay accommodation services are included in the industry.

    Industry Products
  • Disability assistance services
  • Aged-care assistance services
  • Child, youth and family services
  • Other community support services
  • Industry Activities
  • Adoption services
  • Adult day care centre operation
  • Aged-care assistance services
  • Alcoholics anonymous operation
  • Disability assistance services
  • Soup kitchen operation
  • Youth welfare services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Level of social assistance
  • Real household disposable income
  • National unemployment rate
  • Median age of the population
  • Number of divorces

  • Current Performance
  • Demand variables
  • Supply factors
  • Chart: Revenue Growth

  • Industry Outlook
  • Funding streams
  • Structural changes
  • Table: Personal Welfare Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Personal Welfare Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in New Zealand

  • Key Selling Industries
  • Call Centre Operation in New Zealand
  • Commercial Cleaning Services in New Zealand
  • Employment Placement and Recruitment Services in New Zealand
  • Real Estate Services in New Zealand
  • Religious Services in New Zealand

  • Products & Services
  • Child, youth and family services
  • Other community support services
  • Disability assistance services
  • Aged-care assistance services
  • Chart: Personal Welfare Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Families
  • General public
  • Children and youth
  • Older people
  • Chart: Major Market Segmentation for the Personal Welfare Services 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 Personal Welfare Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Personal Welfare Services 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 Personal Welfare Services 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 Personal Welfare Services 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
    Hazardous Drinking
  • An established alcohol drinking pattern that risks harming the drinker or may have harmful social effects on the drinker or others.
  • Housing Stress
  • A situation where the cost of housing is high relative to household income. Low-income groups feel the impact of high housing costs most strongly.
  • Social Enterprise
  • An organisation with a social mission, which generates a substantial portion of its income from trade. Most of its surplus is reinvested to help fulfil its stated mission.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Personal Welfare Services in New Zealand market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Personal Welfare Services in New Zealand:
    • 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 Personal Welfare Services 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
    • 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 Personal Welfare Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear