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Office Equipment Rental & Leasing in the UK: Market Research Report

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

Office Equipment Rental & Leasing Market Research Report | SIC N77.330 | Dec 2016

Revenue rebounds: Increasing business capital expenditure has allowed for steady expansion

The Office Equipment Rental & Leasing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£877m
Annual Growth 12-17
5.4%
Annual Growth 17-22
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Profit
Purchase to read more
Employment
2,754
Businesses
384
Industry Threats & Opportunities
  • Revenue growth is expected to slow as uncertainty lowers business capital expenditure
  • Leasing can offer firms tax deductions, which has somewhat supported revenue growth
  • Enterprise and employment numbers are projected to rise steadily as demand increases
  • ... purchase to read more

Industry Analysis & Industry Trends

A wide range of companies rent or lease office equipment in order to preserve their cash flow and benefit from tax breaks. Leasing equipment is common for start-ups because it significantly reduces the initial capital outlay involved in getting a business going. Competition mainly comes from external factors, such as the low price of computers and laptops. Rivalry exists in the form of second-hand stores that stock similar equipment and online companies and auction websites that offer equipment at competitive prices.

The Office Equipment Rental and Leasing industry has recovered well over the past five years, although a faltering economic recovery has caused some volatility. A... purchase to read more

Industry Report - Industry Analysis Chapter

Though demand has been somewhat erratic as a result of a faltering economic recovery, revenue in the Office Equipment Rental and Leasing industry is expected to have improved over the past five years. An upsurge in capital investment by businesses at the beginning of the period supported growth after a period of decline. However, competition from wholesalers of computer and office equipment began to intensify as businesses became more confident in the improving economy and the advantages of renting became less significant. Nevertheless, as a result of the soaring demand at the start of the period, revenue is forecast to grow at a compound annual rate of 5.4% over the five years through 2016-17. In the current year, it is expected to expand at a slower rate of 1.3% t.. purchase to read more

Additional Insights for the Office Equipment Rental & Leasing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Office Equipment Rental & Leasing Industry are

  • Ability to attract local support/patronage
  • Ability to control stock on hand
  • Ability to carry out credit checks on clients
  • IBISWorld analysts also discuss how external factors such as Business capital expenditure and Number of businesses in the Office Equipment Rental & Leasing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Office Equipment Rental & Leasing Industry?

    Firms in the industry rent and lease office machinery and equipment, computers and related peripheral equipment and office furniture.

    Industry Products
    Desktop, laptop and tablet computersPeripheral computer equipmentOffice furniturePhotocopiersServers and related equipmentOther office equipment
     
    Industry Activities
    Renting and leasing servers and related equipmentRenting and leasing desktop, laptop and tablet computersRenting and leasing peripheral computer equipmentRenting and leasing office furnitureRenting and leasing photocopiers, cash registers and other office equipment


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Business capital expenditure
  • Number of businesses
  • Demand from computer and peripheral equipment wholesaling
  • Government capital expenditure
  • Current Performance
  • Declining demand
  • Intense competition
  • Leasing advantages
  • Chart: Revenue Growth
  • Industry Outlook
  • Opportunities for growth
  • Subdued competition
  • Steady expansion
  • Table: Office Equipment Rental & Leasing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Office Equipment Rental & Leasing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Banks
  • Accounting & Auditing
  • Key Selling Industries
  • Computer & Peripheral Equipment Wholesaling
  • Financial Leasing
  • Office & Shop Furniture Manufacturing
  • Office Furniture Wholesaling
  • Products & Services
  • Desktop, laptop and tablet computers
  • Servers and related equipment
  • Office furniture
  • Photocopiers
  • Other office equipment
  • Peripheral computer equipment
  • Chart: Office Equipment Rental & Leasing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Small and medium-size enterprises
  • Large companies
  • Government
  • Other
  • Households
  • Chart: Major Market Segmentation for the Office Equipment Rental & Leasing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Depreciation
  • Purchases
  • Wages
  • Rent and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Office Equipment Rental & Leasing
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Office Equipment Rental & Leasing Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Office Equipment Rental & Leasing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Office Equipment Rental & Leasing Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Peripheral Computer Equipment
  • Any non-essential equipment used to give a computer system more features.
  • Long-Term Rental
  • Renting products for a period ranging from a year to five years or longer.
  • Short-Term Rental
  • Renting an item for a period ranging from one day to a year. Rental agreements do not generally allow the customer to buy the product at the end of the rental period.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Office Equipment Rental & Leasing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Office Equipment Rental & Leasing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Office Equipment Rental & Leasing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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