Office Equipment Rental & Leasing in the UK - Industry Market Research Report

New lease of life: Revenue is set to grow in the coming years as cost pressures on businesses ease

Companies rent or lease office equipment to preserve their cash flow and benefit from tax breaks. Leasing equipment is common for start-ups because it significantly reduces how much they have to shell out to start operations; this means growth in the number of UK businesses is vital to revenue growth. Industry revenue is expected to inch downwards at a compound annual rate of 0.4% over the five years through 2022-23 to £1 billion, including a forecast fall of 1% in 2022-23. Companies in this industry rent and lease office machinery and equipment, computers and related peripheral equipment and office furniture. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.