The UK LCEGS sector was worth £205.7bn in 2020/21. For comparison, kMatrix has also measured the ‘pure’ manufacturing sector (excluding assembly), worth £55.6bn and the construction sector to be worth £132.9bn for 2020/21.
All sectors overlap to some degree, for example, Legal, HR and Maintenance are multi-sector, indeed, the LCEGS sector itself is multi-sector, an example: all sectors require waste management services to varying degrees. Another example would be Finance, which is relevant to all sectors, but is also a sector in itself. The measurements for pure manufacturing and construction are provided as an indication of the scale of the LCEGS sector.
The ‘pure’ manufacturing portion of the LCEGS sector, integral to the sector, equates to approximately £6.8bn or 3.3% of the LCEGS sales. Conversely, the LCEGS portion of the UK manufacturing sector equates to £6.8bn or 12.2% of the Manufacturing sector. The same way that a portion of the automotive sector includes manufacturing.
The purpose of the data is not to act as a national accounting system, the ONS data already provides this, but to be a flexible, usable model of the sector, that can be useful for market intelligence.