Corporate Wellness Services in Australia - Market Research Report

Corporate Wellness Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.5%

The Corporate Wellness Services industry has struggled over the past five years. At the beginning of the period, federal and state government funding subsidised the cost of corporate wellness programs. However, health initiatives undertaken by the Federal Government in 2014 have since been either completed or cancelled, leading to declines in industry participation and revenue early in the period. Falling capital expenditure by the private sector over the past five-year period also contributed to reduced demand from businesses for wellness services. However, increasing recognition of mental health issues and their effects in the workplace has supported industry growth over the period. Employee burnout has also emerged as a growing concern, boosting e...
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Corporate Wellness 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 Corporate Wellness Services industry is forecast to record revenue growth over the next five years. Private sector capital expenditure is projected to rise over the period as companies commit to their employees' health and wellbeing, particularly to raise productivity and mitigate costs related to absenteeism and presenteeism. Industry providers are anticipated to change their product mix over the next five years, as services shift further towards online delivery. Overall, industry revenue is forecast to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Employee wellbeing Businesses are anticipated to invest in wellness programs to minimise costs related to absenteeism and presenteeism over the next five years...
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Corporate Wellness Services industry statistics

  • attach_money Market Size: $59m
  • business Number of Businesses: 146
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 358

Biggest companies in the Corporate Wellness Services industry

The Corporate Wellness Services in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Corporate Wellness Services industry?

Industry Definition

Supermarkets and grocery stores retail a range of groceries and food products, including fruit and vegetables, bread, cigarettes, canned goods, toiletries, dairy goods, delicatessen items and cleaning goods. Specialist retailers, niche retailers and convenience stores are excluded from the industry.

Industry Products and Services

  • Dry and packaged foods
  • Bread and bakery products
  • Meat products
  • Milk and other dairy products
  • Fresh fruit and vegetables
  • Beverages
  • Tobacco products
  • Toiletries, health products and general merchandise

Industry Activities

  • Operating supermarkets
  • Operating grocery stores

Market research report - table of contents

Industry Definition

Industry companies primarily provide workplace programs designed to improve the mental and physical wellbeing of employees through a combination of educational, organisational and environmental activities. Industry services do not include programs designed internally by a company’s human resources personnel.

Main Activities

  • Education and training provision
  • Health check provision
  • Psychology services provision
  • Fitness and dietary program provision
  • Health risk assessment provision
  • Online wellness services provision

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Corporate wellness services are typically considered a non-essential expense for businesses. Therefore, spending on industry services is linked to trends ...
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Capital expenditure by the private sector
Health consciousness
Average weekly hours worked
Total number of non-manual employees in the workforce

Current Performance

Rising awareness
Profit and value-added trends
 Chart: Revenue Growth

Industry Outlook

Online delivery growth
Changing product mix
Profit and enterprises
 Table: Corporate Wellness Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

Financial and Insurance Services
Professional Services in Australia





Key Selling Industries

Printing in Australia
Computer System Design Services in Australia
Health Services in Australia
Fitness in Australia



Products & Services

The Corporate Wellness Services industry sources most of its revenue from health risk assessments, and employee health and fitness programs. Health risk a...
Government clients
Blue-collar businesses
Other



Demand Determinants

Employer and employee health consciousness affects demand for industry services. As more research is conducted into the connection between wellness and pr...
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Major Markets

Government clients
Blue-collar businesses
Other




 Chart: Major Market Segmentation for the Corporate Wellness 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 Corporate Wellness Services industry displays low market share concentration. The top four players are expected to account for less than 20% of indust...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

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

Industry Globalization

The Corporate Wellness Services in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Corporate Wellness Services industry displays low capital intensity. For every dollar invested in capital across the industry, an estimated $17.86 is ...
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 Chart: Level of Capital Intensity for the Corporate Wellness 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 Corporate Wellness Services in Australia Industry

Industry Revenue (2008-2026)
Industry Gross Product (2008-2026)
Establishments (2008-2026)
Businesses (2008-2026)
Employment (2008-2026)
Exports (2008-2026)
Imports (2008-2026)
Wages (2008-2026)
Domestic Demand (2008-2026)

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, %

HEALTH CHECK

HEALTH RISK ASSESSMENT

PRESENTEEISM

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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 Corporate Wellness Services industry?

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This report on Corporate Wellness 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 Corporate Wellness 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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