Tweet

Select Few Retaining Growth In UK Waste Industry

18 January 2012

A new study by industry analysts Plimsoll Publishing has identified a group of 295 emerging companies in the UK Waste Management industry, which in the last year have increased sales by an average 17 percent and are taking further control of the market as we start 2012

According to the study, over the last two years, growth in the market has been sporadic, averaging -2 percent two years ago and 3 percent last year. However, these high growth companies have managed to grow much faster.

Of the 1000 companies analysed in the Plimsoll Analysis, 246 were found to be suffering the consequences of these high growth companies. They saw their own sales fall, on average by -13 percent in the same period.

David Pattison, author of this new market study states: "This is absolute evidence that whatever growth there is in the market is being captured by a select group of companies."

So what have these companies been doing to create this growth? Pattison offers the following explanation, "It's clear that the market is changing. The revenue and growth streams companies took for granted a couple of years ago have changed. Frankly, it's the one question that we all want to know the answer to, 'Where is the market heading?'. These 295 winning companies seem to have the best idea".

Despite concerns to the contrary, the study states this is not just a case of larger companies forcing out their smaller competitors. As the following table shows, growth is still being achieved by a number of small. Innovative companies (as well as some of the majors):

Turnover of co £000	Growth co's	Affected co's
£500,000	20	40
£1,000,000	18	12
£3,000,000	23	34
£5,000,000	18	19
£10,000,000	57	54
£50,000,000	62	62
over £50 million	49	25
Total	295	246

 

Copies of the full 1000-page analysis is available now in PDF format, priced at £350 (+VAT).

Plimsoll Publishing has offered CIWM readers a £50 discount if they quote reference PR/AA10

Email chris@plimsoll.co.uk or visit www.plimsoll.co.uk for more information

Darrel Moore