Forecast: Number of Enterprises of Freight Air Transport and Space Transport in the UK

In 2023, there were 740 enterprises in the UK engaged in freight air transport and space transport. The forecast for 2024 is 765 enterprises, marking a 3.4% increase from 2023. From 2024 to 2028, the sector is expected to grow annually by approximately 3.3% on a compounded annual growth rate (CAGR) basis, reaching 871 enterprises by 2028. Year-on-year growth remains consistent with each successive year increasing slightly over 3%, reflecting steady expansion.

Future trends to watch include:

  • The accelerated growth of commercial space transport ventures.
  • Technological advancements in air freight logistics.
  • Regulatory changes impacting enterprise operations.

Top Countries about Air Freight