Corporate Wellness Services in Australia - Industry Market Research Report

Corporate Wellness Services in Australia - Industry Market Research Report


Corporate Wellness Services in Australia

The Corporate Wellness Services industry has performed strongly in recent years, despite the pandemic causing havoc since late 2019-20 and leading to more people working away from offices. Greater recognition of mental health issues and their effects in the workplace has buoyed industry growth. Employee burnout has also emerged as a growing concern, buttressing employer enquiries into corporate wellness services, and lifting demand and revenue. Increased capital expenditure by the private sector and growth in the number of non-manual employees in the workplace have contributed to climbing demand for corporate wellness services. That's why industry revenue is expected to grow at an annualised 4.7% over the five years through 2022-23, to total $301.3 million, with a 2.0% jump anticipated in the current year

Industry companies primarily provide workplace programs designed to improve the mental and physical wellbeing of employees through a combination of educational, organisational and environmental activities. Industry services do not include programs designed internally by a company’s human resources personnel.

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."


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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