UK design business
UK Design business experiencing immense increase post- 2010 The total number of businesses operating in the UK design industry has grown dramatically over the past years, according to research collated by London's Design Museum Analysis of the
UK Design business experiencing immense increase post- 2010
The total number of businesses operating in the UK design industry has grown dramatically over the past years, according to research collated by London’s Design Museum Analysis of the Office of National Statistics (ONS) data, published by the museum this week, shows that the number of design-related businesses in the UK has grown by 70 percent since 2010.
A number of design businesses growing faster than the national average This is a much faster rate than that of other industries, which have seen a 27 percent increase over the same period. Furthermore, startups in the design world are founded two and a half times the national average, the research found. “British designers are some of the most entrepreneurial people in our country, said design museum co-director, Alice Black. “They build businesses from scratch, contribute to the growth of well-paid, high-skilled jobs across the UK, and help us deliver a prosperous and productive economy.
From technology to fashion, design in Britain is powering a new industrial age.” In interpreting the ONS research, the museum has taken design-led businesses to include architecture, digital design, software, clothing and textiles, and product design. Design businesses boost UK regions as well as the capital The data demonstrates that the design industry is very important to the UK economy, with more than 1.5 million design-related jobs. In 11 out of 12 UK regions, there was at least a 50 percent increase in design-led businesses from 2010, whilst London has seen design-led businesses more than double from 2010 to 2018. There are now more than 23,700 design-related businesses in the capital, compared with 11,400 in 2010.