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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Key Buyers Chapter

The industry has no major players as no one company has a market share above 5%. The top four companies in the industry are expected to have a combined market share of less than 10% in 2016-17. The nature of the industry means that there are numerous small enterprises servicing local businesses and communities across the United Kingdom, due to the low barriers to entry. However, technological changes are expected to result in industry consolidation over the next five years. Firms that are able to adopt and implement technology to provide services at a competitive rate are likely to gain market share and a degree of prominence over the next five years.

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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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