The number of construction services enterprises in the UK is projected to grow steadily from 2024 to 2028. Specifically, the data indicates an increase from 100.7 thousand enterprises in 2024 to 105.52 thousand in 2028. This represents a year-on-year growth ranging approximately between 1.25% in 2025 and 1.12% in 2028. The compound annual growth rate (CAGR) over this period is projected at about 1.2% per year.
Future trends to watch include:
- Potential impacts of economic fluctuations and government policies on growth rates.
- Technological advancements in construction methods and materials affecting enterprise efficiencies and competitiveness.
- Shifts in consumer demand towards sustainable and eco-friendly construction might influence sector dynamics.
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