B2B drives market demand, with B2B spending representing 93.0% of total demand in 2020. TUI Travel Plc is the largest company in the UK, generating 6.9% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 11.4% of total turnover in 2020. The total number of companies decreases in 2020, to 48,975 units. The costs of the industry decrease by 0.3% in 2020, largely driven by declining labour costs. The industry’s profitability decreases and stands at 14.0% of turnover in 2020, the 11th highest in the region. With turnover of USD94.3 billion, the UK accounts for 14.5% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Cargo Handling, Warehousing and Travel Agencies in the UK: ISIC 63. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cargo Handling, Warehousing and Travel Agencies in the UK: ISIC 63 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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