Households drive market demand, with household spending representing 58.0% of total demand in 2020. Tate Britain is the largest company in the UK, generating 2.5% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 8.7% of total turnover in 2020. The total number of companies increases in 2020, to 8,279 units. The costs of the industry decrease by 2.1% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 3.7% of turnover in 2020, the 20th highest in the region. With turnover of USD8.2 billion, the UK accounts for 24.7% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Library, Museums and Cultural Services in the UK: ISIC 923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Library, Museums and Cultural Services in the UK: ISIC 923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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