The number of enterprises in the UK’s manufacture of office machinery and equipment sector (excluding computers and peripheral devices) experienced a steady decline from 89 enterprises in 2024 to a projected 81 by 2028. In 2023, the count stood at an actual value of approximately 91 enterprises. The year-on-year variation indicates a gradual decline, averaging a decrease of about 2.3% per annum over the forecast period from 2024 to 2028.
Future trends to watch for include:
- Technological advancements which may alter the operational landscape and require sector adaptation.
- Brexit implications potentially affecting trade and production costs, thus impacting enterprise numbers.
- Growing focus on sustainable practices might lead to increased innovation and transformation within the sector.
