Parking Services in Australia - IBISWorld Industry Market Research

Parking Services in Australia

Parking Services in Australia - IBISWorld Industry Market Research
Parking Services in Australia
Published Mar 30, 2012
29 pages — Published Mar 30, 2012
Price US$ 910.00  |  Buy this Report Now

About This Report


The Parking Services industry has recorded steady growth over the last five years. Industry revenue grew 6.1% annualised to be worth $1.29 billion in 2011-12. In the current year, revenue is forecast to grow 5.8%. Australia's love affair with the car continues. The industry was well positioned in the years through 2011-12, with demand for parking growing faster than industry capacity. The industry was therefore able to pass on congestion charges as they were introduced and raise fees ahead of the consumer price index in most markets. Over the same period, technology replaced labour and so profit increased with revenue as the industry's underlying costs decreased.

This industry consists of third party companies providing motor vehicle parking facilities. The industry excludes car parks that are operated by councils.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Parking Services in Australia" Mar 30, 2012. Alacra Store. Oct 24, 2016. <>
IBISWorld Industry Market Research. (2012). Parking Services in Australia Mar 30, 2012. New York, NY: Alacra Store. Retrieved Oct 24, 2016 from <>
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