GITNUX MARKETDATA REPORT 2024

The Most Surprising Australian Taxi Industry Statistics And Trends in 2024

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The Australian taxi industry is an important part of the country’s transportation sector, generating $5.7 billion in annual revenue and employing around 57,100 people. There are currently 33,488 registered taxis across Australia with New South Wales having the largest fleet at 5,800 vehicles. The average waiting time for a taxi in capital cities is 10-15 minutes while Australians spend on average $36 per ride. This blog post will explore some interesting statistics about the Australian Taxi Industry including employment projections by 2025 as well as market share within local passenger transportation services and more.

The Most Important Statistics
The Australian taxi industry generates $5.7 billion in annual revenue.

This statistic is a testament to the sheer size and scope of the Australian taxi industry, highlighting the immense economic impact it has on the nation. It is a powerful reminder of the industry’s importance and the need to ensure its continued success.

There are around 33,488 registered taxis in Australia as of 2020.

This statistic is a telling indication of the size of the Australian taxi industry. It provides a snapshot of the number of taxis operating in the country, and gives an idea of the scale of the industry. It is an important piece of information for anyone looking to gain an understanding of the Australian taxi industry, and is essential for anyone looking to make informed decisions about the industry.

Australian Taxi Industry Statistics Overview

Employment within the Australian taxi industry is projected to decrease by 2.2% by the year 2025.

This statistic is a telling indication of the future of the Australian taxi industry. It suggests that the industry is likely to experience a decline in employment over the next few years, which could have a significant impact on the industry as a whole. This could mean fewer job opportunities for those looking to enter the industry, as well as a decrease in the number of taxis available to the public. As such, this statistic is an important one to consider when discussing the current and future state of the Australian taxi industry.

The Australian Capital Territory (ACT) has the lowest number of taxi drivers, at only 2% of the industry.

This statistic is a telling indication of the state of the Australian taxi industry, particularly in the ACT. It highlights the fact that the industry is heavily concentrated in other states, leaving the ACT with a disproportionately low number of taxi drivers. This could be indicative of a lack of demand for taxi services in the ACT, or a lack of incentives for drivers to work in the area. Either way, it is an important statistic to consider when discussing the Australian taxi industry.

Around 47% of taxis in Australia fall under the Taxi Services industry.

This statistic is a telling indication of the size and scope of the Australian Taxi Services industry. It highlights the prevalence of taxis in the country, and the importance of the industry to the Australian economy. It also serves as a reminder of the impact that the industry has on the lives of everyday Australians, from providing a reliable form of transportation to providing employment opportunities.

The largest fleet of taxis in Australia is in New South Wales, with approximately 5,800 taxis.

This statistic is a testament to the sheer size of the taxi industry in New South Wales, with nearly 6,000 vehicles providing transportation services to the people of the state. It highlights the importance of the taxi industry in the region, and the impact it has on the local economy. It also serves as a reminder of the need for regulation and oversight of the industry, to ensure that it is providing a safe and reliable service to its customers.

The Australian taxi industry has experienced an annualized revenue decline of 0.3% from 2016 to 2021.

This statistic is a telling indication of the state of the Australian taxi industry, demonstrating that the industry has been in a period of decline over the past five years. It serves as a reminder that the industry is facing a challenging period and that further action may be needed to ensure its long-term sustainability.

There are approximately 57,100 people employed in the taxi industry in Australia.

This statistic is a telling indication of the size and scope of the taxi industry in Australia. It highlights the sheer number of people who are employed in the industry, and the impact it has on the economy. It also serves as a reminder of the importance of the industry to the livelihoods of those employed in it.

On average, Australians spend $36 per taxi ride.

This statistic is a telling indication of the Australian taxi industry’s financial health. It shows that, on average, Australians are willing to pay a certain amount for a taxi ride, which suggests that the industry is doing well. Furthermore, it provides insight into the spending habits of Australians, which can be used to inform decisions about the industry’s pricing and marketing strategies.

The average waiting time for a taxi in Australia’s capital cities is around 10-15 minutes.

This statistic is a testament to the efficiency of the Australian taxi industry, demonstrating that customers can expect to be picked up in a timely manner. It speaks to the reliability of the service, and is a key indicator of customer satisfaction.

Victorian taxi drivers provide around 14.7 million trips per year.

This statistic is a testament to the sheer volume of work that Victorian taxi drivers undertake each year. It highlights the importance of the taxi industry in providing a reliable and efficient service to the people of Victoria. It also serves as a reminder of the significant contribution that taxi drivers make to the local economy.

The Australian taxi industry has a market share of 2.2% in the local passenger transportation sector.

This statistic is a telling indication of the Australian taxi industry’s standing in the local passenger transportation sector. It provides a snapshot of the industry’s current market share, which can be used to compare against other transportation services and to measure the industry’s performance over time. This statistic is an important piece of information for anyone looking to gain a better understanding of the Australian taxi industry.

In Western Australia, female drivers only account for 10% of the total number of taxi drivers.

This statistic is a telling indication of the gender disparity in the Australian taxi industry. It highlights the fact that women are significantly underrepresented in the industry, and that there is a need for greater gender equality in the sector. This is an important issue to address, as it can have a significant impact on the industry’s ability to attract and retain talent, as well as its overall success.

Australian taxi drivers drive an average of 37,000 kilometers per year.

This statistic is a telling indication of the amount of work that Australian taxi drivers put in each year. It highlights the dedication and commitment of these drivers to their profession, and the sheer amount of time they spend on the road. It also serves as a reminder of the importance of the taxi industry in Australia, and the vital role it plays in providing transportation services to the public.

The size of the Australian ride-sharing market is predicted to grow by 6.4% by 2024.

This statistic is a telling indication of the future of the Australian ride-sharing market, and is thus of great importance to those in the taxi industry. It suggests that the market is likely to expand in the coming years, and that those in the industry should be prepared to adjust their strategies accordingly. With this in mind, the statistic is a valuable piece of information for anyone looking to gain insight into the Australian taxi industry.

In South Australia, approximately 50% of taxi bookings are made via the 13CABS app.

This statistic is indicative of the growing trend of Australians turning to digital platforms to book their taxi services. It highlights the importance of digital technology in the Australian taxi industry, and how it is becoming increasingly popular among customers. This statistic is important to consider when discussing the Australian taxi industry, as it shows how digital technology is becoming an integral part of the industry.

Conclusion

The Australian taxi industry is a large and complex sector, with many different facets. The statistics presented in this blog post demonstrate the size of the industry, its revenue generation capabilities, employment opportunities for drivers and other workers within the sector, as well as customer satisfaction levels.

It is clear that while there are some challenges facing the Australian taxi industry such as declining revenues and decreasing numbers of registered taxis over time; it remains an important part of Australia’s transport network providing essential services to customers across all states and territories. Furthermore, technological advancements have enabled more efficient booking systems which has improved customer experience when using taxis in Australia.

References

0. – https://www.transport.nsw.gov.au

1. – https://www.ibisworld.com

2. – https://www.seek.com.au

3. – https://www.choice.com.au

4. – https://www.cpv.vic.gov.au

5. – https://www.abc.net.au

6. – https://www.aph.gov.au

7. – https://www.transport.wa.gov.au

8. – https://www.abs.gov.au

9. – https://www.ncver.edu.au

10. – https://www.statista.com

FAQs

What is the total revenue generated by the Australian taxi industry in 2020?

In 2020, the Australian taxi industry generated a total revenue of AUD$4.89 billion.

How many taxi operators are there in Australia?

There are approximately 20,000 taxi operators in Australia, providing services ranging from single taxis to large fleets.

Which city has the highest number of taxis in Australia?

Sydney, the largest city in Australia, has the highest number of taxis, with over 5,000 taxis operating in the city.

What is the market share of traditional taxi services in Australia compared to ridesharing apps like Uber?

As of 2020, traditional taxi services hold a market share of around 60% in Australia, while ridesharing apps like Uber account for the remaining 40%.

What is the average wait time for a taxi in Australia's major cities?

The average wait time for a taxi in Australia's major cities is between 5-10 minutes during regular hours and can increase to 15-20 minutes during peak hours.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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