The forecast for ownership of goods road motor vehicles in the UK shows a consistent upward trend from 2024 through 2028. Ownership, expressed in units per thousand persons, increases steadily year-on-year, reflecting a growing market. Notably, from 2023 to 2024, there's an increase as the forecasted values indicate continuous growth. The compound annual growth rate (CAGR) over five years evidences a steady average annual increase in ownership.

Future trends to watch include:

Potential impact of economic conditions on consumer purchasing power.
Technological advancements and environmental policies influencing vehicle ownership.
Shifts in consumer preference towards electric and more sustainable vehicles.
Regulatory changes potentially impacting vehicle registration and ownership costs.