Serviced Office Leasing in Australia - Market Research Report

Serviced Office Leasing industry trends (2014-2019)

poll Average industry growth 2014–2019: 7.9%

The Serviced Office Leasing industry's revenue has grown over the past five years. This revenue growth has been due to improving economic conditions, which have kept the business confidence index positive over the period and have helped boost demand from professional services and business tourism. Consequently, industry revenue is expected to grow at an annualized 2.7% over the five years through 2019-20, to reach $432.7 million. Industry revenue is expected to grow by 7.8% in the current year, as co-working space providers continue to rapidly expand their portfolio of listings. The industry's services have become popular with more Australian businesses over the past five years. The flexibility of serviced offices has strengthened the industry's pos...
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Serviced Office Leasing 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.

Over the next five years, the Serviced Office Leasing industry is anticipated to benefit from projected growth in the general economy, and demand from businesses seeking more flexible workplace solutions. Industry revenue is forecast to increase at an annualised X.X% over the five years through XXX-XX, to reach $XX.X million. Key drivers of demand for industry services are likely to include growth in the number of businesses operating from home, which will drive strong demand for virtual office facilities; solid business tourism trends, which will drive demand for temporary office, boardroom and meeting room facilities; and corporations continuing to explore the benefits of hot-desking. The appeal of flexibility The industry's expansion will largel...
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Serviced Office Leasing industry statistics

  • attach_money Market Size: $401m
  • business Number of Businesses: 693
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 1,967

Biggest companies in the Serviced Office Leasing industry

The companies holding the largest market share in the Serviced Office Leasing in Australia industry include Regus Australia Management Pty Ltd, Servcorp Limited, WeWork Australia Pty Ltd and Victory Offices Limited.

  • pie_chart Regus Australia Management Pty Ltd Market Share: x.x%
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  • pie_chart Servcorp Limited Market Share: x.x%
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  • pie_chart WeWork Australia Pty Ltd Market Share: x.x%
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  • pie_chart Victory Offices Limited Market Share: x.x%
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What is Serviced Office Leasing industry?

Industry Definition

Industry firms primarily provide fast food, such as burgers, pizza, sandwiches and sushi, and takeaway food for immediate consumption. Customers order or select items and pay before eating. Food is usually provided in takeaway containers or packaging and is consumed on the premises, taken away or delivered. The industry also includes fast food sold in food halls and food courts.

Industry Products and Services

  • Burgers
  • Pizza
  • Chicken
  • Sandwiches, salads and juice
  • Confectionery and desserts
  • Other fast food

Industry Activities

  • Pizza retailing
  • Burger retailing
  • Fish and chip retailing
  • Sandwich retailing
  • Sushi retailing
  • Ice cream retailing
  • Juice bar operation
  • Mobile food van operations
  • Other takeaway food retailing

Market research report - table of contents

Industry Definition

Industry firms rent or lease fully furnished office space to businesses on a part-time or as-needed basis. Industry firms also lease virtual offices and conference rooms.

Main Activities

  • Office administration and support staff
  • Fitted-out office suites rental
  • Virtual office services rental
  • Meeting and conference room rental
  • Videoconferencing facilities rental

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Greater optimism among the business community boosts demand for physical office space and online office services as companies undertake expansion activiti...
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Business confidence index
Demand from professional services
Capital expenditure by the private sector
Business tourist visitor nights

Current Performance

Growth factors
Profit and structure
Co-working
 Chart: Revenue Growth

Industry Outlook

Growth factors
Profit and structure
Growth in co-working
 Table: Serviced Office Leasing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Serviced Office Leasing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Information Media and Telecommunications
Financial and Insurance Services
Professional Services in Australia



Key Selling Industries

Telecommunications and Other Electrical Goods Wholesaling in Australia
Furniture and Floor Covering Wholesaling in Australia
Office Property Operators in Australia




Products & Services

The Serviced Office Leasing industry mainly provides serviced office facilities in a business centre. However, changing market needs and technological adv...
IT and communication businesses
Finance and insurance businesses
Mining and utilities businesses
Other markets


Demand Determinants

Demand for industry services stems from businesses increasingly seeking alternatives to committing to traditional office accommodation. Traditional office...
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Major Markets

IT and communication businesses
Finance and insurance businesses
Mining and utilities businesses
Other markets



 Chart: Major Market Segmentation for the Serviced Office Leasing in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

The Serviced Office Leasing industry displays moderate market share concentration. The industry's four largest players are expected to account for just un...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Serviced Office Leasing in Australia - Market Research Report Industry

Industry Globalization

Regus Australia Management Pty Ltd is the local arm of International Workplace Group plc (IWG). The parent company is a global provider of flexible workpl...
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Regus Australia

 Table: Regus Australia - financial performance

Servcorp

 Table: Servcorp - financial performance

WeWork Australia

 Table: WeWork Australia - financial performance

Victory Offices

 Table: Victory Offices - financial performance

Capital Intensity

The Serviced Office Leasing exhibits moderate capital intensity. For every dollar spent on wages, an estimated $0.26 is spent on capital costs. Furniture ...
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 Chart: Level of Capital Intensity for the Serviced Office Leasing 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 Serviced Office Leasing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

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, %

HOT-DESKING

THIRD-PLACE ENVIRONMENT

VIRTUAL OFFICES

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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 Serviced Office Leasing industry?

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This report on Serviced Office Leasing 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 Serviced Office Leasing 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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