6 Business Industries Likely to Flourish in 2025

by Vanessa Lovie 10th of January, 2025

6 Business Industries Likely to Flourish in 2025

As we step into 2025, several industries in Australia are set for significant growth. Similar to 2024, we are seeing industries that provide services at the top of the list.

Whether you're looking to buy a business or expand an existing one, understanding the sectors likely to thrive this year can help you make strategic decisions. Analysing why a business may be profitable into 2025 and beyond is a key component of due diligence to ensure the business continues to be profitable.

We are less than 2 weeks into the new year and already Bsale’s website activity is surging with New Years resolutions and buyers looking for opportunities. Overseas travel is back to pre-pandemic levels and the push of inflation only seems to be hitting interest rates, as many businesses are reporting good sales.

1. Health and Wellness

The health and wellness industry continues to grow, fueled by increasing awareness of physical and mental health. Consumers are prioritizing their well-being more than ever, leading to a surge in demand for gyms, fitness studios, holistic wellness centres, and mental health services.

In 2024, the Australian fitness industry saw a notable expansion. For instance, Revo Fitness announced plans to open 16 new gyms throughout the year, reflecting the growing demand for accessible fitness options. Similarly, Snap Fitness planned to open 19 new gyms across Australia and New Zealand, indicating robust growth in the sector.

Overall, the number of gyms in Australia and New Zealand increased by 4.16% from 2023, totalling 9,408 as of December 1, 2024. This growth underscores the industry's resilience and its capacity to adapt to evolving consumer preferences.

Here are some current opportunities:

Beyond physical fitness facilities, sub-sectors like medical technology (medtech) and wearable health devices are also experiencing significant growth. The integration of technology into personal healthcare allows individuals to monitor and manage their health more effectively, contributing to the industry's expansion.

This upward trend in the health and wellness industry presents numerous opportunities for entrepreneurs and investors looking to enter or expand within this dynamic market.

2. Renewable Energy and Sustainability

Australia is making substantial investments in renewable energy, driven by global climate goals and government incentives. Industries like solar panel installation, electric vehicle (EV) infrastructure, and sustainable packaging manufacturing are gaining traction.

Notably, initiatives such as the $50 million EV incentive program for farmers and truckers highlight a growing focus on greener solutions.

3. E-Commerce and Digital Services

E-commerce continues to dominate as consumers favour online shopping for its convenience. Niche online stores, subscription services, and last-mile delivery are set to thrive.

In our digital age, services such as web design, SEO marketing, and e-learning platforms will continue to be in high-demand.

After speaking with many e-commerce website owners, the sweet spot for making money in an online business is a $60+ product that is done well and simply adjusted with colour or pattern and marketed well. Think Oodies, Cheeky Wink Towels, Nakie Towels, Cool Cabanas and so on. Nail your product, set a decent price and market, market, market.

4. Pet Care and Services

The pet industry remains a high-demand sector, driven by Australians’ love for their furry companions. From Pet Shops, grooming, and premium pet food to veterinary services, spending in this industry continues to rise.

One standout segment is home boarding services, with owners seeking personalised care for their pets over traditional kennels. Especially with more workers returning to work and Covid-19 puppies having anxiety from being left home alone. Boarding fees can range from $50 to $150 per night depending on the location and level of service provided, creating lucrative opportunities for small business owners.

Here are some current opportunities:

The premium pet food market has experienced significant growth, driven by pet owners' increasing willingness to invest in high-quality nutrition for their animals. According to a recent report the global pet food ingredients market is projected to grow from US$34.2 billion in 2023 to US$47.4 billion by 2028, with a compound annual growth rate (CAGR) of 6.8%.

5. Aged Care and Support Services

With Australia’s aging population growing, aged care services are more crucial than ever.

Businesses providing home care, mobility aids, and lifestyle services tailored to retirees are poised for success. As more seniors seek to age in place, personalized services like in-home care and meal delivery are becoming essential.

Here are some current opportunities:

6. Technology and Artificial Intelligence (AI)

In recent years AI has been a hot topic with many suggesting a big change in operations within 5 years with the rate of AI growth.

In 2025, AI will continue to evolve and transform everything from personal gadgets to workplace tools.

At CES 2025, some jaw-dropping innovations were revealed like AI-powered smart mirrors that can give you health scans and robots designed to make life easier.

Companies like Nvidia are making AI more accessible with personal supercomputers, while OpenAI continues to push boundaries with advanced AI systems. It’s clear that AI is becoming a part of our daily lives, reshaping industries and driving innovation. Check out more about these exciting advancements here.

So What Does 2025 Look Like for Business?

As a business buyer, understanding these changes in industries is key to making strategic decisions in 2025.

Whether it’s tapping into the growing demand for renewable energy, capitalizing on the booming pet care market, or embracing AI-driven technology solutions, the trends shaping this year can help you identify businesses with high potential for growth and profitability.

When considering your next move, think about how these industry shifts align with your goals, skills, and resources. Choosing the right sector at the right time can set you up for long-term success.

Start exploring businesses for sale in these thriving sectors and take the first step toward your next big opportunity!