Industry Analysis & Industry Trends
The industry expanded slightly over the past five years. Increasing construction activity and rebounding business confidence boosted demand for industry services. Steady demand from the health-care sector also contributed positively to growth. Meanwhile, a wider range of downstream industries used industry services over the past five years, which supported the industry. However, industrial production activity remained weak and activity levels in the oil and gas sector dwindled, which hampered demand for industry services. Unemployment levels were high at the start of the period, although unemployment fell in the following years, which negatively influenced demand for services, such as claims management and health and safety training... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Occupational Health and Safety Services industry is characterised by a low level of market share concentration due to the large prevalence of non-employers and small businesses. As a result, the largest four players in the industry are estimated to have a market share of less than 10% in 2016-17. However, market share concentration can vary by service segment and geographic location.
The majority of industry operators tend to focus on providing a narrow range of health and safety services. Nevertheless, larger operators provide a broader range of services and attempt to offer services to an array of different downstream industries.
Market share concentration is expected to have remained low over the past five years. An .. purchase to read more