A tough lesson: Revenue is expected to rise but per-pupil funding is forecast to fall

Industry operators generally provide education to students between 11 and 18 years of age. The majority of schools are funded by the government or by local education authorities, although the industry also includes privately funded independent schools, which are expected to be the main driver of industry growth over the five years through 2018-19. The majority of secondary schools are either academies, which are state-funded but operate independently of local authority control, or maintained schools, which are controlled by local authorities. Both operate according to government guidelines and are therefore directly influenced by government policy...read more.

Industry Statistics & Market Size
Revenue
£48.5bn
Annual Growth 14-19
1.8%
Forecast Growth 19-24
Profit
Employment
691,080
Businesses
4,384
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Per-pupil funding has come under considerable pressure due to an increase in operational costs
  • Increased funding for grammar schools is expected to support industry revenue growth
  • Schools are expected to increase their ICT budgets over the next five years
  • Industry Report - Industry Investment Chapter

    The industry has a low level of capital intensity. The main expense for secondary schools is wages, which account for a significant proportion of revenue. IBISWorld estimates that for every £1.00 invested in capital, £12.94 is spent on labour. Investment in non-property assets mainly relates to teaching aids such as computers and lab equipment. Expenditure on information technology is projected to have risen over the past decade as a result of growth in digital forms of teaching and studying. For example, many schools now use tablets and interactive smartboards in the classroom.Schools require a particularly high level of labour because students need supervision and teacher direction at all times. Wage costs are estimated to account for 40.1% o...purchase to read more.

    Additional Insights for the General Secondary Education Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the General Secondary Education Industry are

  • Proximity to key markets
  • Proximity to transport
  • Ability to attract local support/patronage
  • IBISWorld analysts also discuss how external factors such as Public-sector funding for pre-tertiary education and Population aged 11 to 19 years in the General Secondary Education industry impact industry performance..

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    What's in this report

    What is the General Secondary Education Industry?

    The industry covers education at the secondary level. Secondary schools typically include the years seven to 11 and may also include years 12 and 13, which are commonly known as sixth form. All-through schools, which combine primary and secondary education, are also included. The majority of secondary schools, such as grammar schools, non-selective comprehensive schools and academies, are state funded, but the industry also includes privately funded independent schools.

    Industry Products
  • LEA-maintained schools
  • Special schools
  • Privately funded schools
  • Academies
  • Other schools
  • Industry Activities
  • Operating secondary schools
  • Operating sixth form colleges
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Public-sector funding for pre-tertiary education
  • Population aged 11 to 19 years
  • Participation of 16-18 year olds in full-time education
  • Real household disposable income

  • Current Performance
  • Cutting figures
  • Academic growth
  • Grammar checks
  • Funding formula
  • Competitive factors
  • Private schools

    and profit

  • Chart: Revenue Growth

  • Industry Outlook
  • Funding constraints
  • Increased enrolment and academy chains
  • Pressure and profit
  • Table: General Secondary Education Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - General Secondary Education Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Bus & Tramway Operations
  • Computer & Peripheral Equipment Wholesaling
  • Food-Service Contractors
  • General Building Cleaning
  • Paper Stationery Manufacturing

  • Products & Services
  • Academies
  • LEA-maintained schools
  • Privately funded schools
  • Other schools
  • Special schools
  • Chart: General Secondary Education Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • 14-year-old pupils
  • 15-year-old pupils
  • 13-year-old pupils
  • 12-year-old pupils
  • 11-year-old pupils
  • 16-year-old pupils
  • 17-year-old pupils
  • Pupils aged 18 and over
  • Chart: Major Market Segmentation for the General Secondary Education Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationRent, utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs General Secondary Education

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the General Secondary Education Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the General Secondary Education Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the General Secondary Education Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Academy
  • A government-funded school that operates independently of its local education authority.
  • Independent Schools Council (Isc)
  • A not-for-profit organisation that represents the interests of more than 1,200 independent schools. It also provides schools with research, legal advice, regulatory advice and press services.
  • Maintained School
  • A school financially supported by the state.
  • Ofsted
  • Office for Standards in Education, Children's Services and Skills.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s General Secondary Education market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on General Secondary Education:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The General Secondary Education market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on General Secondary Education, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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