Correctional and Detention Services in Australia - Industry Market Research Report

Correctional and detention services providers aim to maintain a safe, secure and humane correctional system that incorporates elements of rehabilitation, education and community protection. The industry includes providers that operate and manage prisons, community correctional facilities, programs for adult offenders, onshore immigration detention centres, juvenile detention facilities, and other related services. Most revenue comes from publicly funded and government-operated facilities. A small number of privately operated companies accounts for most of the remaining revenue. Factors like criminal activity rates, government capital expenditure and appropriation, overall population trends, and incarceration rates all influence industry performance. The COVID-19 pandemic only had a small negative effect on the industry from late 2019-20 through 2021-22. Companies in the industry primarily manage and operate correctional institutions and detention centres. Facilities include prisons, remand centres, juvenile detention centres and immigration detention centres.

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.