With turnover of USD58.2 billion, the UK accounts for 10.1% of the Western Europe total in 2020. The industry’s profitability decreases and stands at 10.6% of turnover in 2020, the 13th highest in the region. The costs of the industry decrease by 11.3% in 2020, largely driven by declining labour costs. B2B drives market demand, with B2B spending representing 76.1% of total demand in 2020. Transport for London Ltd is the largest company in the UK, generating 10.4% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 19.8% of total turnover in 2020. The total number of companies decreases in 2020, to 294,417 units.
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This Euromonitor industrial report provides unique information on Road Passenger and Freight Transport in the UK: ISIC 602. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Road Passenger and Freight Transport in the UK: ISIC 602 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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