$1.1bn
$XX.Xm
8,947
1,146
$XXX.Xm
The industry has faced challenging conditions. Rate hikes have reduced disposable income across the economy and, along with other market conditions, spending on nursery products has fallen. Subdued dwelling commencements have reduced landscaping activity, a crucial downstream market, and scattered rainfall patterns in recent years have affected the volume and quality of plants grown. As homebuyers trend towards denser living, outdoor plant sales have gradually contracted. However, burgeoning interest in indoor and patio plants has supported the continuity of nursery production. During COVID-19 restrictions, sales of bedding and vegetable plants increased as stay-at-home orders inspired many individuals to embark on DIY projects. However, as restrictions have eased, this trend has slightly waned. Industry revenue is expected to fall at an annualised 4.8% over the five years through 2023-24 to $1.1 billion. This trend includes an anticipated drop of 4.9% in 2023-24, as economic pressures limit consumers’ spending power.
Industry revenue has declined at a CAGR of 4.8 % over the past five years, to reach an estimated $1.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Benara Nurseries | 33.7 |
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Industry revenue is measured across several distinct product and services lines, including Bedding and ornamental plants, Propagation stock and Trees and shrubs. Bedding and ornamental plants is the largest segment of the Nursery Production in Australia.
Despite shifting consumer preferences, high-value trees and shrubs continue to be the centrepiece for nurseries
Industry growers primarily produce trees, shrubs, ornamental plants and bulbs. Nurseries sell their goods to a variety of markets, including retailers, wholesalers, landscapers, local governments and orchardists. The industry excludes turf growing and flower growing.
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ANZSIC 0111 - Nursery Production in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Challenging market conditions are weighing on sales for nursery products. Subdued dwelling commencements, scattered rainfall patterns and reduced economic activity have hurt ...
Learn about an industry's products and services, markets and trends in international trade.
International trade in the Nursery Production industry is small relative to total revenue. Trade is low because of Australia's strict quarantine regulations and difficulty in...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Nursery production activity primarily takes place on the eastern seaboard due to these states’ favourable climates and dense populations. These factors make these states part...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Hardware retailers have created pricing pressure for new entrants and traditional nurseries. These large retailers incorporate garden centres as part of their store set-up, s...
Learn about the performance of the top companies in the industry.
The Nursery Production industry is highly fragmented, with most nurseries being individual agricultural entities rather than multi-site operations. These nurseries typically ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Governments are getting more involved in directing investment towards more efficient and sustainable plant production decisions. Horticulture Innovation Australia has partner...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Wages are continuing to climb in the face of labour shortages. Nurseries desperate for workers have been more willing to provide higher salaries to satisfy their production c...
Including values and annual change:
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Nursery Production industry in Australia is $1.1bn in 2024.
There are 1,146 businesses in the Nursery Production industry in Australia, which has grown at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Nursery Production industry in Australia has been declining at a CAGR of 4.8 % between 2019 and 2024.
Over the next five years, the Nursery Production industry in Australia is expected to grow.
The biggest company operating in the Nursery Production market in Australia is Benara Nurseries
Trees and shrubs and Propagation stock are part of the Nursery Production industry.
The company holding the most market share in Australia is Benara Nurseries.
The level of competition is moderate and increasing in the Nursery Production industry in Australia.