Business Liquidation Services in Australia - Industry Market Research Report

Business Liquidation Services in Australia - Industry Market Research Report

Business Liquidation Services in Australia

In recent years, operating conditions have been challenging because of government relief initiatives to combat the COVID-19 pandemic's effects on the economy, supporting businesses across all sectors. The pandemic posed considerable challenges for all industries, with the construction, retail and hospitality sectors particularly suffering under lockdowns and international movement restrictions. Industry revenue has declined at an annualised rate of 7.4% over the past five years, to total $353.8 million in 2022-23.

Industry firms offer liquidation services to businesses. Operators generate revenue as a commission or fixed fee for the services they provide.

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