{"id":189,"date":"2021-01-21T14:42:00","date_gmt":"2021-01-21T14:42:00","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/fastest-growing-businesses-2021\/"},"modified":"2025-12-17T15:02:14","modified_gmt":"2025-12-17T15:02:14","slug":"fastest-growing-businesses-2021","status":"publish","type":"page","link":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/fastest-growing-businesses-2021\/","title":{"rendered":"Simply Business reveals the fastest-growing small business sectors for 2021"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull has-no-margin hero-bg has-global-padding is-layout-constrained wp-block-group-is-layout-constrained has-background\" style=\"padding-top:var(--wp--preset--spacing--150);padding-bottom:var(--wp--preset--spacing--150);background-image:url(&apos;https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business-uk\/assets\/images\/faq-bg.png&apos;);background-size:cover;\">\n<h1 class=\"wp-block-heading has-text-align-center has-azure-700-color has-text-color has-link-color has-max-huge-font-size wp-elements-70d097905ed73eb9da3107315c10dd0e\">Simply Business reveals the fastest-growing small business sectors for 2021<\/h1>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Simply Business reveals the fastest-growing small business sectors for 2021<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">Despite the recession, 2021 is set to be a year of growth for a whole host of SMEs<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Leading small business insurer publishes data showing home bakers are the fastest-growing trade, with a huge 157% increase from 2019 to 2020<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Couriers, mobile hairdressers and property maintenance will also drive SME growth this year<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Wales (31% increase), North West England (29% increase) and Scotland (28% increase) are the UK hotspots for new SMEs<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">As the economy battles a pandemic induced recession, the small business insurer Simply Business analysed trades from across their customer base &#8211; looking at the year-on-year rise in requests for small business insurance &#8211; to uncover the fastest growing sectors and regions among SMEs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The data reveals that requests from home baking businesses rose the fastest, with a 157% year-on-year increase from 2019 to 2020. This increase comes as lockdowns presented people across Britain with the opportunity to turn their passion for baking into a \u2018self-raising\u2019, successful small business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Courier services also saw an 80% increase, driven by mass closures of bricks and mortar premises across the economy and a greater need to transport parcels, at a time where the UK postal service was under almost continuous pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Property maintenance was the third fastest-growing sector, with a 30% increase in new business policies throughout 2020, perhaps reflecting increased demand for home improvement services amongst those working from home in spare rooms or at kitchen tables.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other trades which also saw increases include; roofers (29%), mobile hairdressers (25%), Gardners (25%), electricians (24%), cake makers (24%), online retailers (18%) and builders (11%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Top ten fastest-growing small business sectors:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Industry:<\/th><th class=\"has-text-align-left\" data-align=\"left\">% Increase (year on year)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Home baking<\/td><td class=\"has-text-align-left\" data-align=\"left\">157%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Courier<\/td><td class=\"has-text-align-left\" data-align=\"left\">80%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Property maintenance\/handyman<\/td><td class=\"has-text-align-left\" data-align=\"left\">30%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Roofers<\/td><td class=\"has-text-align-left\" data-align=\"left\">29%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Mobile hairdressers<\/td><td class=\"has-text-align-left\" data-align=\"left\">25%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Landscape gardeners\/garden maintenance<\/td><td class=\"has-text-align-left\" data-align=\"left\">25%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Electricians<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Cake maker and decorator<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Online retailers<\/td><td class=\"has-text-align-left\" data-align=\"left\">18%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Builders<\/td><td class=\"has-text-align-left\" data-align=\"left\">11%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Simply Business also reviewed the regional hotspots for trade SMEs in 2020, with Wales, North West England and Scotland taking the top three spots. Of the top 10 trades that grew fastest in 2020, Wales saw a 31% increase in new small businesses, followed by the North West (29% increase) and Scotland (28% increase).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the UK steadily in another national lockdown, which is set to continue until the spring, it is expected these trends will continue throughout 2021, driven by a greater need for home and outdoor businesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Top regions for SME growth in 2020, of the 10 fastest growing small business sectors:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Region (of top ten trades)<\/th><th class=\"has-text-align-left\" data-align=\"left\">% Increase<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Wales<\/td><td class=\"has-text-align-left\" data-align=\"left\">31%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">North West England<\/td><td class=\"has-text-align-left\" data-align=\"left\">29%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Scotland<\/td><td class=\"has-text-align-left\" data-align=\"left\">28%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">North East England<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South West England<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">East Anglia<\/td><td class=\"has-text-align-left\" data-align=\"left\">23%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">London<\/td><td class=\"has-text-align-left\" data-align=\"left\">22%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">The Midlands<\/td><td class=\"has-text-align-left\" data-align=\"left\">21%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South East England<\/td><td class=\"has-text-align-left\" data-align=\"left\">20%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South Central England<\/td><td class=\"has-text-align-left\" data-align=\"left\">20%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Alan Thomas, UK CEO at Simply Business, commented:<\/strong>&nbsp;<em>\u2018Small businesses and the self-employed have been hit harder than most by the effects of this pandemic.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cSo it\u2019s encouraging to see green shoots of growth emerge, particularly those seizing opportunities to make viable small businesses in the home baking, courier and delivery and domestic services industries.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cSMEs play a pivotal role in the UK economy by generating \u00a32 trillion annually and accounting for 99% of all British businesses. Put simply, for the UK economy to recover, we need UK small businesses to recover and drive the next phase of our growth.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">-Ends-<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">For further information, please contact:<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Frank PR<br><a href=\"mailto:SimplyBusiness@welcometofrank.com\" target=\"_blank\" rel=\"noreferrer noopener\">SimplyBusiness@welcometofrank.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Methodology:<br>Data from Simply Business customer base of over 800,000 small business customers from across the UK, conducted in January 2021. Top 10 trades have the top new business policies (equal to or greater than 1000) taken out in 2020 vs 2019. Simply Business analysed 959 different policy trades.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2019 &#8211; 228,471 total number of new policies taken out with Simply Business<br>2020 &#8211; 217,538 total number of new policies taken out with Simply Business<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Top ten fastest-growing small business sectors:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Industry:<\/th><th class=\"has-text-align-left\" data-align=\"left\">No. of new business policies in 2019<\/th><th class=\"has-text-align-left\" data-align=\"left\">No. of new business policies in 2020<\/th><th class=\"has-text-align-left\" data-align=\"left\">% Increase<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Home baking<\/td><td class=\"has-text-align-left\" data-align=\"left\">1010<\/td><td class=\"has-text-align-left\" data-align=\"left\">2595<\/td><td class=\"has-text-align-left\" data-align=\"left\">157%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Courier<\/td><td class=\"has-text-align-left\" data-align=\"left\">1761<\/td><td class=\"has-text-align-left\" data-align=\"left\">3177<\/td><td class=\"has-text-align-left\" data-align=\"left\">80%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Property maintenance\/handyman<\/td><td class=\"has-text-align-left\" data-align=\"left\">5038<\/td><td class=\"has-text-align-left\" data-align=\"left\">6549<\/td><td class=\"has-text-align-left\" data-align=\"left\">30%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Roofers<\/td><td class=\"has-text-align-left\" data-align=\"left\">1949<\/td><td class=\"has-text-align-left\" data-align=\"left\">2523<\/td><td class=\"has-text-align-left\" data-align=\"left\">29%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Mobile hairdressers<\/td><td class=\"has-text-align-left\" data-align=\"left\">4551<\/td><td class=\"has-text-align-left\" data-align=\"left\">5682<\/td><td class=\"has-text-align-left\" data-align=\"left\">25%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Landscape gardeners\/garden maintenance<\/td><td class=\"has-text-align-left\" data-align=\"left\">5121<\/td><td class=\"has-text-align-left\" data-align=\"left\">6097<\/td><td class=\"has-text-align-left\" data-align=\"left\">25%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Electricians<\/td><td class=\"has-text-align-left\" data-align=\"left\">4306<\/td><td class=\"has-text-align-left\" data-align=\"left\">5358<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Cake maker and decorator<\/td><td class=\"has-text-align-left\" data-align=\"left\">1354<\/td><td class=\"has-text-align-left\" data-align=\"left\">1673<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Online retailers<\/td><td class=\"has-text-align-left\" data-align=\"left\">1270<\/td><td class=\"has-text-align-left\" data-align=\"left\">1496<\/td><td class=\"has-text-align-left\" data-align=\"left\">18%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Builders<\/td><td class=\"has-text-align-left\" data-align=\"left\">15374<\/td><td class=\"has-text-align-left\" data-align=\"left\">17035<\/td><td class=\"has-text-align-left\" data-align=\"left\">11%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Top regions for SME growth in 2020, of the 10 fastest growing small business sectors:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Region (of top ten trades)<\/th><th class=\"has-text-align-left\" data-align=\"left\">No. of new businesses policies in 2019<\/th><th class=\"has-text-align-left\" data-align=\"left\">No. of new business policies in 2020<\/th><th class=\"has-text-align-left\" data-align=\"left\">% Increase<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Wales<\/td><td class=\"has-text-align-left\" data-align=\"left\">1629<\/td><td class=\"has-text-align-left\" data-align=\"left\">2128<\/td><td class=\"has-text-align-left\" data-align=\"left\">31%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">North West England<\/td><td class=\"has-text-align-left\" data-align=\"left\">4494<\/td><td class=\"has-text-align-left\" data-align=\"left\">5814<\/td><td class=\"has-text-align-left\" data-align=\"left\">29%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Scotland<\/td><td class=\"has-text-align-left\" data-align=\"left\">2111<\/td><td class=\"has-text-align-left\" data-align=\"left\">2694<\/td><td class=\"has-text-align-left\" data-align=\"left\">28%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">North East England<\/td><td class=\"has-text-align-left\" data-align=\"left\">4773<\/td><td class=\"has-text-align-left\" data-align=\"left\">5899<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South West England<\/td><td class=\"has-text-align-left\" data-align=\"left\">4228<\/td><td class=\"has-text-align-left\" data-align=\"left\">5260<\/td><td class=\"has-text-align-left\" data-align=\"left\">24%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">East Anglia<\/td><td class=\"has-text-align-left\" data-align=\"left\">6148<\/td><td class=\"has-text-align-left\" data-align=\"left\">7540<\/td><td class=\"has-text-align-left\" data-align=\"left\">23%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">London<\/td><td class=\"has-text-align-left\" data-align=\"left\">2919<\/td><td class=\"has-text-align-left\" data-align=\"left\">3548<\/td><td class=\"has-text-align-left\" data-align=\"left\">22%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">The Midlands<\/td><td class=\"has-text-align-left\" data-align=\"left\">5758<\/td><td class=\"has-text-align-left\" data-align=\"left\">6605<\/td><td class=\"has-text-align-left\" data-align=\"left\">21%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South East England<\/td><td class=\"has-text-align-left\" data-align=\"left\">5299<\/td><td class=\"has-text-align-left\" data-align=\"left\">6350<\/td><td class=\"has-text-align-left\" data-align=\"left\">20%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">South Central England<\/td><td class=\"has-text-align-left\" data-align=\"left\">4960<\/td><td class=\"has-text-align-left\" data-align=\"left\">5955<\/td><td class=\"has-text-align-left\" data-align=\"left\">20%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading wp-block-block\">About Simply Business<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__http:\/simplybusiness.co.uk__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CgxPfLGQ$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply Business<\/a>\u202fis one of the UK\u2019s biggest business insurance providers, specialising in public liability insurance for small and midsize enterprises. Launched in 2005, Simply Business provides an online brokerage service, delivering policies tailored to individual business requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the power of tech and data to create the best possible customer experiences, Simply Business employs over 1,200 people across offices in London and Northampton, UK; and in Boston, Massachusetts; and Atlanta, Georgia, in the U.S. Owing to the insurance provider\u2019s internal underwriting capability and expert panel of insurers, Simply Business can cover over 1,200 trade types \u2013 ranging from plumbers to accountants to dog walkers.\u202fIts UK brand campaign \u2013 \u2018<a target=\"_blank\" href=\"https:\/\/urldefense.com\/v3\/__https:\/www.simplybusiness.co.uk\/campaign\/small-businesses-deserve-our-best\/__;!!N96JrnIq8IfO5w!hIDMrGse3KHfJu5_CiqiOsFWnj8k1HROe8Oqz7zCb7P2qVQXkH81IbN1SpIhNqbbhmdQrc22NsXe3U9O5ajDdkHOTa_CxklTDMU$\" rel=\"noreferrer noopener\" rel=\"noopener noreferrer\" target=\"_blank\">Simply The Best<\/a>\u2019 \u2013 aims to help UK small businesses feel \u2018the best\u2019 about their business insurance.<\/p>\n\n\n\n<div class=\"wp-block-group has-azure-800-color has-cyan-100-background-color has-text-color has-background has-link-color wp-elements-101cbde2ee0c57c7d6d0d48cbb8134b8 has-global-padding is-layout-constrained wp-container-core-group-is-layout-80fb368b wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<p class=\"has-text-align-center wp-block-paragraph\">We create this content for general information purposes and it should not be taken as advice. 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small business sectors for 2021 Simply Business reveals the fastest-growing small business sectors for 2021 As the economy battles a pandemic induced recession, the small business insurer Simply Business analysed trades from across their customer base &#8211; looking at the year-on-year rise in requests for small business insurance &#8211; to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28050,"parent":131,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sb_hreflang":"","sb_hreflang_url":"","disable_breadcrumbs":false,"sb_breadcrumbs":[],"sb_faq_schema":"","sb_phone":"","sb_header_url_text":"","sb_secondary_logo":0,"sb_secondary_logo_url":"","sb_show_primary_cta":true,"sb_primary_cta_text":"","sb_primary_cta_url":"","sb_show_secondary_cta":true,"sb_secondary_cta_text":"","sb_secondary_cta_url":"","sb_show_contact_cta":true,"sb_contact_cta_id":"","sb_primary_cta_id":"","sb_secondary_cta_id":"","sb_no_sticky_header":false,"sb_show_last_updated_date":"","sb_enable_replacement_text":false,"sb_replacement_h1":"","_sb_hreflang_stale":false,"footnotes":""},"hidden-category":[],"import-page-type":[],"coauthors":[50],"class_list":["post-189","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium 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