In 2023, the wholesale sector (excluding motor vehicles and motorcycles) in the UK had an output of 162 billion pounds. The forecast from 2024 to 2028 indicates a consistent annual growth rate. From 2024 to 2025, the output is expected to rise by 2.3%, and from 2025 to 2026, it will increase by 2.2%. The trend continues with a 2.1% increase in both the 2026-2027 and 2027-2028 periods, reflecting a steady growth pattern.

The compound annual growth rate (CAGR) from 2024 to 2028 is projected at approximately 2.11%. This outlook suggests stability and moderate expansion in the UK wholesale market, driven by potential economic recovery and increased demand.

Future trends to watch for include:

The impact of Brexit-related adjustments on supply chains and trade relations.
Evolving consumer preferences and technological advancements that could reshape wholesale operations.
Economic fluctuations that could alter demand and investment within the sector.