Industry Statistics and Rankings
How does this industry perform in Luxembourg compared to Europe?
Country Benchmarking
Industry Data Luxembourg
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#10 In EuropeBusiness
#29 In EuropeEmployees
#20 In EuropeWages
#12 In EuropeThe Office Administration & Support Services in Luxembourg ranks 10 in Europe with regards to its 2024 revenue (€803.6m). Revenue received by operators in Luxembourg has been low in volatility over the past five-year period, with the average annual change in revenue (0.9 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Office Administration & Support Services industry in Luxembourg in 2024?
The market size of the Office Administration & Support Services industry in Luxembourg is €803.6m in 2024.
How many businesses are there in the Office Administration & Support Services in Luxembourg industry in 2024?
There are 414 businesses in the Office Administration & Support Services industry in Luxembourg, which has grown at a CAGR of 1.6 % between 2019 and 2024.
Has the Office Administration & Support Services industry in Luxembourg grown or declined over the past 5 years?
The market size of the Office Administration & Support Services industry in Luxembourg has been growing at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Office Administration & Support Services industry in Luxembourg over the next 5 years?
Over the next five years, the Office Administration & Support Services industry in Luxembourg is expected to grow.
What does the Office Administration & Support Services in Luxembourg include?
Day-to-day administration activities and Document preparation are part of the Office Administration & Support Services industry.
How competitive is the Office Administration & Support Services industry in Luxembourg?
The level of competition is high and increasing in the Office Administration & Support Services industry in Luxembourg.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
The industry includes a combination of day-to-day office administrative services, like reception, financial planning, billing and record keeping. Other activities also involve a variety of copying, document preparation and specialised office support activities.
What's included in this industry?
Day-to-day administration activitiesDocument preparationWord processingIndustry Code
821 - Office administrative and support activities in Luxembourg
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Office Administration & Support Services in Luxembourg
- Employees in the Office Administration & Support Services in Luxembourg
- Business in the Office Administration & Support Services in Luxembourg
- Profit in the Office Administration & Support Services in Luxembourg
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Strict data protection laws shape document management practices across Europe. Regulations like the GDPR require office administration service providers to adopt robust data security measures to protect client data and maintain trust.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Office Administration & Support Services in Luxembourg industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Harsh economic conditions hurt profitability. Businesses reined in spending on office administration services amid spiralling inflation, muted economic growth and interest rate hikes.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Office Administration & Support Services in Luxembourg industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
France
Italy
Spain