Waste Disposal Services in Australia Industry Market Research Report Now Updated by IBISWorld
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Waste Disposal Services in Australia Industry Market Research Report Now Updated by IBISWorld

Melbourne : Australia | Jun 27, 2012 at 5:45 PM PDT
Source: PRWeb
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Household and business waste collection is the largest and most reliable source of revenue for the Waste Disposal Services industry. Revenue generated from waste disposal is estimated to be decreasing as a share of waste management revenue, while recycling revenue has been growing. A large contributor to recycling revenue growth has been the high prices received for recyclable commodities over the past few years. June 28, 2012

Household and business waste collection is the largest and most reliable source of revenue for the Waste Disposal Services industry. Revenue generated from waste disposal is estimated to be decreasing as a share of waste management revenue, while recycling revenue has been growing. Alen Allday, “A large contributor to recycling revenue growth has been the high prices received for recyclable commodities over the past few years”. Overall, the industry is estimated to have generated revenue of $11.2 billion in 2011-12, up 5.4% from the previous year. The industry recorded annualised increases of 10.9% over the past five years. Growth is due to pricing levels increasing significantly (particularly for recycling), greater outsourcing levels by local authorities and small volume increases.

Over the next five years, industry revenue is expected to grow. Slower revenue growth compared with previous years is expected to result from the industry maturing, fewer outsourcing opportunities for existing firms, volumes increasing at a slower pace and pricing levels stabilising. “Recyclable material collection and treatment is expected to continue to increase strongly”, Allday adds.

The Waste Disposal Services industry has a low market share concentration level in 2011-12...Industry concentration is increasing through consolidation and with local councils outsourcing waste disposal and recycling services, this trend is expected to continue in future years. Concentration tends to be high in specific markets and regions, particularly in waste disposal services. Report Key Topics

Operators in this industry collect, dispose and recycle waste. Activities include the management of municipal solid waste, commercial and industrial waste, and construction and demolition waste...With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions...For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/6/prweb9646371.htm

 
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