The turnover in the UK manufacture of office machinery and equipment sector, excluding computers and peripheral equipment, is forecasted to decline from £724.5 million in 2024 to £691.6 million by 2028. This demonstrates a decreasing trend with a compound annual growth rate (CAGR) of approximately -1.2% from 2024 to 2028. Compared to 2023, where the turnover stood at a higher level than projected for 2024, this forecast indicates a consistent downturn.

Future trends to watch for include:

Technological advancements that may either spur or hinder traditional machinery sales.
Evolving office environment needs post-pandemic, influencing equipment demands.
Potential impacts from regulatory changes or trade agreements on manufacturing sectors.