Based on the provided data, the Event Catering sector in the UK experienced significant fluctuations in employment figures. Between 2013 and 2016, employment increased notably, peaking in 2016. However, the sector saw a steady decline from 2017 onwards. As of 2023, there were approximately 111,260 employees, representing a continuous downward trend with year-on-year variations averaging around -3.76%. Over the last five years, the sector has seen an average yearly decline (CAGR) of -4.01%.
Looking forward, the forecast indicates a continued decrease in employment figures, with an expected average annual decline (CAGR) of -3.62% over the next five years, reaching around 88,560 employees by 2028. The overall five-year growth rate forecasts a total reduction of -16.84%.
Future trends to watch for include the sector’s adaptation to technological advancements, shifts in consumer preferences for catering services, and the impact of economic and social factors on the demand for event catering.
