The share of goods road motor vehicles in total road motor vehicles in the UK is forecasted to slightly increase from 12.33% in 2024 to 12.66% in 2028. This forecast shows a steady, incremental upward trend with year-on-year growth between 0.65% and 0.74%. The compound annual growth rate (CAGR) from 2024 to 2028 is modest, reflecting stability and gradual growth in the sector.

Future trends to watch for:

Impact of evolving logistics demand on goods vehicle composition.
Adoption of electric and alternative fuel vehicles in the goods sector due to environmental policies.
Technological advancements influencing vehicle efficiency and fleet composition.