Industry Analysis & Industry Trends
The Removalists industry has grown at a steady pace over the past five years. The residential property market has strengthened over the period, particularly due to record low interest rates and tax incentives for people to invest in property. Property prices and dwelling commencements have consequently increased, indicating that demand for residential property is high and the number of relocations is increasing. Rising demand for removalists is expected to boost industry revenue, which is anticipated to increase by an annualised 2.1% over the five years through 2015-16, to reach $2.0 billion. Revenue is expected to expand by 1.5% during the current year, supported by steady demand from households... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Removalists industry is in the mature stage of its life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to rise by an annual rate of 2.4%, a weak performance when compared with annualised GDP growth of 2.6%. This indicates that the industry is growing at a slightly slower pace than the overall economy.
There has been very little development of new markets or new products in the industry. While some larger players have introduced a range of ancillary services, these are minor and account for only a small share of industry revenue. Most industry services are well accepted and markets have reached saturation... purchase to read more