Table of Contents
•The intensely competitive Facilities Management (FM) market in Australia has been growing steadily, with a relatively high outsourcing rate compared to neighboring countries in the region.
•The Australian FM market is driven primarily by the level of construction activity (which expands the asset base to be maintained and managed), the demand for maintenance and refurbishment services, and a strong case for outsourcing.
•Nevertheless, the current slowdown in the mining sector has dampened the FM demand from it, as well as from other related sectors that have felt the negative impact of the mining sector’s slowdown. In addition, significant reductions in budgets across a number of public sector agencies will negatively impact FM demand from these agencies.
•Financial pressure, as a result of uncertain economic and market conditions, and the continued shortage of qualified FM professionals are expected to weaken the overall growth of the FM market.
•The energy and resources segment (driven primarily by the gas boom) is likely to emerge as the biggest end-user segment for FM by end of the forecast period.
•A number of ownership or structural changes among key FM service providers (for example, Spotless and DTZ) are likely to change the competitive dynamics in the industry.
The slowdown in mining activity and cuts in public sector budgets are likely to negatively impact the FM growth from these sectors.
Ownership or structural changes among key FM service providers are likely to change the competitive dynamics.
Tier I and II participants are likely to benefit the most from the increased demand for Integrated Facilities Management (IFM) services.
Sustainability efforts, together with regulatory compliance requirements, will boost the demand for related FM services.
Attracting, training, and retaining skilled personnel remains the biggest challenge in the mature Australian FM market.
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