Shopping Centre Operators in Australia - Market Research Report

Shopping Centre Operators industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.2%

The Shopping Centre Operators industry has recorded subdued growth over the past five years. A rise in online shopping activity has increased competition for industry firms over the period. As a result, industry operators' ability to increase rental yields over the period has been limited, constraining growth. However, construction of new shopping centres and upgrades to existing shopping centres have increased lettable floor space, supporting industry revenue growth. Overall, industry revenue is expected to increase at an annualised 1.2% over the five years through 2019-20, to $8.7 billion. This trend includes anticipated growth of 5.7% in the current year. The industry's tenancy mix includes a range of retailers and service providers, from major s...
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Shopping Centre Operators 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 Shopping Centre Operators industry is forecast to grow moderately over the next five years. Subdued trends in downstream retailing industries and increased competition from online retailers are projected to constrain the industry's expansion over the period. Industry operators are also anticipated to adopt new business models as traditional retail markets continue to face strong competition from online retailers. Many of the industry's largest shopping centres have recently undergone, or are scheduled for, renovation. These renovations are allowing for new expansion strategies, such as positioning centres as lifestyle destinations. As a result of these strategies, shopping centres are forecast to expand their range of entertainment or leisure act...
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Shopping Centre Operators industry statistics

  • attach_money Market Size: $8bn
  • business Number of Businesses: 1,825
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 9,289

Biggest companies in the Shopping Centre Operators industry

The companies holding the largest market share in the Shopping Centre Operators in Australia industry include Scentre Group and Vicinity Centres.

  • pie_chart Scentre Group Market Share: x.x%
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  • pie_chart Vicinity Centres Market Share: x.x%
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What is Shopping Centre Operators industry?

Industry Definition

Industry companies develop and manage shopping malls and other retail centres. Industry participants manage retail property operations, including leasing, maintenance, rent collection and security.

Industry Products and Services

  • Regional shopping centres
  • Neighbourhood shopping centres
  • Subregional shopping centres
  • CBD shopping centres
  • Factory outlets and other retail centres

Industry Activities

  • Subregional shopping centre operation
  • Neighbourhood shopping centre operation
  • Regional shopping centre operation
  • CBD shopping centre operation

Market research report - table of contents

Industry Definition

Industry companies develop and manage shopping malls and other retail centres. Industry participants manage retail property operations, including leasing, maintenance, rent collection and security.

Main Activities

  • Subregional shopping centre operation
  • Neighbourhood shopping centre operation
  • Regional shopping centre operation
  • CBD shopping centre operation

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Supermarkets are generally the cornerstones of major shopping centres. Trends in demand for supermarkets and grocery stores significantly influence demand...
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Demand from supermarkets and grocery stores
Demand from consumer goods retailing
Demand from online shopping
Level of urbanisation

Current Performance

Trading conditions
Fortifying assets
 Chart: Revenue Growth

Industry Outlook

Changing

tenancy mix
 Table: Shopping Centre Operators in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Shopping Centre Operators in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Cinemas in Australia
Consumer Goods Retailing in Australia
Supermarkets and Grocery Stores in Australia
Fast Food and Takeaway Food Services in Australia
Cafes and Coffee Shops in Australia


Key Selling Industries

Investigation and Security Services in Australia
Commercial Cleaning Services in Australia
Electricity Retailing in Australia
Advertising Agencies in Australia



Products & Services

Firms in the Shopping Centre Operators industry manage regional shopping centres, sub-regional shopping centres, neighbourhood shopping centres and CBD sh...
Supermarkets and fresh food stores
Fast-food outlets, cafes and restaurants
Other tenants



Demand Determinants

Demand for the Shopping Centre Operators industry is driven by the overall retail sector's performance. Most tenants in shopping centres are retailers, fr...
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Major Markets

Supermarkets and fresh food stores
Fast-food outlets, cafes and restaurants
Other tenants




 Chart: Major Market Segmentation for the Shopping Centre Operators in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

The Shopping Centre Operators industry is characterised by moderate market share concentration, with the top four players expected to account for just ove...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Shopping Centre Operators in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Shopping Centre Operators in Australia - Market Research Report Industry

Industry Globalization

Scentre Group was created in June 2014 through a restructuring undertaken by the Westfield Group. The restructure separated Westfield Group's Australian a...
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Scentre Group

 Table: Scentre Group - financial performance

Vicinity Centres

 Table: Vicinity Centres - financial performance

Capital Intensity

The Shopping Centre Operators industry is highly capital-intensive. For every dollar spent on capital in 2019-20, an estimated $1.83 is spent on labour. T...
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 Chart: Level of Capital Intensity for the Shopping Centre Operators 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 Shopping Centre Operators 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, %

ANCHOR TENANT

NEIGHBOURHOOD SHOPPING CENTRES

REGIONAL SHOPPING CENTRES

SUB-REGIONAL SHOPPING CENTRES

VACANCY RATE

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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 Shopping Centre Operators industry?

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This report on Shopping Centre Operators 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 Shopping Centre Operators 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 Shopping Centre Operators 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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