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Document Preparation Services in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Document Preparation Services Market Research Report | SIC N82.190 | Sep 2016

Prepared for change: Technological advancements are expected to shape the future of the industry

IBISWorld’s Document Preparation Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£990m
Annual Growth 12-17
0.3%
Annual Growth 17-22
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Profit
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Employment
11,628
Businesses
1,782
Industry Analysis & Industry Trends

The Document Preparation Services industry has struggled over the past five years. The weak economy early in the period and increased competition over the past five years are expected to limit revenue growth to a modest compound annual rate of 0.3% over the five years through 2016-17 to reach £990.1 million. The industry's fortunes are largely tied to two economic indicators: business confidence and business capital expenditure. Unfortunately for the industry, both indicators performed poorly following the economic downturn. This caused UK businesses to scale back spending dramatically, leading to a reduction in demand for the industry's services... purchase to read more

Industry Report - Industry Analysis Chapter

The Document Preparation Services industry is heavily influenced by changes in economic activity as it provides services primarily to businesses, the government and the health and legal industries. When economic conditions are good, businesses are often more inclined to outsource non-core activities, especially those provided by document preparation companies. Equally, economic difficulties prompt many businesses to scale back spending, reducing the amount of non-core activities they outsource. Over the five years through 2016-17, IBISWorld expects industry revenue to rise at a compound annual rate of 0.3% to reach £990.1 million. In the current year, industry revenue is forecast to grow by 0.3%.

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Industry ProductsRelated ReportsTable of Contents

What is the Document Preparation Services Industry?

Companies in this industry provide a variety of copying, document preparation and specialised office support activities. These include photocopying, document preparation and secretarial support services.

Industry Products
Transcription servicesPhotocopyingWord processing servicesOther services
 
Industry Activities
Providing photocopying servicesOffering transcription servicesWord processing of documentsOffering mailbox rentalProviding letter writing servicesProviding CV writing servicesBlueprinting of documents


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