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Taxi Operation in the UK - Industry Market Research Report

Publisher IBISWorld
Published Feb 28, 2025
Length 40 Pages
SKU # IBSS19911097

Description

Taxi Operation in the UK

Over the five years through 2023-24, revenue is projected to contract at a compound annual rate of 4.9%. Taxi operations have faced challenging operating conditions due to increased competition and volatile demand. The COVID-19 outbreak took a huge hit on the industry's performance, with revenue collapsing by more than half in 2020-21. The industry has struggled to fully recover from the COVID-19 outbreak, as ridesharing erodes much of the industry's customer base.

The industry provides for-hire vehicle transport on British roads. This includes the use of hackney carriages (black cabs) and private-hire vehicles, limousines, executive cars and wedding cars. The industry also includes companies that exclusively provide related services, such as radio operators and taxicab owners. Ridesharing companies are not included in this industry.

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."

Table of Contents

40 Pages


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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