Forecast: Employment in Manufacture of Office Machinery and Equipment (Except Computers and Peripheral Equipment) Sector in the UK

The employment forecast in the UK's manufacture of office machinery and equipment sector shows a consistent declining trend from 2024 to 2028, with employment in thousands (FTE) dropping from 2.51 in 2024 to 1.73 in 2028. This sector experienced a year-on-year decrease of approximately 8% each year, leading to a compound annual growth rate (CAGR) of around -8.85% over the 5-year forecast period. As of 2023, no explicit data was provided, but the declining trend strongly suggests a downturn relative to previous years.

Future trends to watch for include:

  • Technological advancements reducing demand for traditional office machinery and equipment.
  • Potential shifts towards digitalization and automation, leading to further employment reduction.
  • The impact of Brexit and global economic conditions on manufacturing operations within the UK.
  • Opportunities in niche and specialized equipment that might counter the overall downward trend.

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