The removalist industry covers all the removals companies that are involved in providing moving, relocation and transportation services to customers for both short and long distances. Over the past 5 years, there have been interesting trends in this industry that affect both removalists and their customers.
Indeed, there are valuable insights that you can obtain from an analysis of these recent trends. If you move on a regular basis or are planning for a move in the upcoming months, you may find yourself enjoying slightly lower rates than before. But how so? Read on for more valuable insights and how you can benefit from recent trends in the removalist industry.
Recent trends
There has been a slight decline in growth since 2013
As previously mentioned, industry growth has dipped slightly over the past 5 years. In fact, the total annual revenue from removalist companies has fallen by about 0.6% every year since 2013. This slight dip in growth is due to more people using self-moving strategies such as hiring moving trucks and purchasing packing supplies from other sources.
It's interesting to note that while the demand for residential properties in most urban areas has grown, this hasn't necessarily translated into increased demand for removalist services. In response to the stagnant demand, removalists are looking for more ways of expanding on their service delivery.
Residential properties are in higher demand, especially in urban areas
The GDP of Australia is expected to rise over the next few years. This growth is being realised by a growing population and the higher demand for accommodation. Removalist services in urban areas will therefore continue to become an area of focus for most companies. This is actually good news for you as a customer.
Removalists are investing in more efficient service delivery
Most removalists are realising that the traditional approach to service delivery is slowly becoming stagnated. In addition to assisting customers to physically move their furniture from one location to another, more removalists are expanding their range of services.
For example, the realisation that customers prefer to move by themselves has driven many companies to invest in moving trucks that they can rent out to customers. In addition, customers can now purchase a wider variety of packing supplies and receive important moving tips from customers.
What does this mean for you?
As a customer, now is the time to engage the help of a removalist while moving. The stagnant growth in the industry will enable you to receive more competitive pricing options and a wider selection of moving services. Rather than struggling with moving items by yourself, you can take advantage of local and interstate moving offers as well as storage options for your items.
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