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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

IBISWorld’s Office Equipment Rental & Leasing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
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Employment
2,754
Businesses
384
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 SWOT Analysis Chapter

The Office Equipment Rental and Leasing industry is estimated to be in the mature stage of its life cycle. The industry's contribution to UK GDP, represented as industry value added, is forecast to grow at a compound annual rate of 3.4% in the decade through 2021-22. Meanwhile, the UK economy is expected to expand at a compound annual rate of 2.3% over the same period. This shows that the industry is contributing a growing portion to the overall economy. Although this would usually signal that the industry is in its growth stage, significant revenue increases have been the result of a volatile recovery in the economy and erratic changes in business confidence. Giv.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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


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