The forecast for Beer Hours Worked in the UK from 2024 to 2028 shows a gradual decline. Starting at 20.554 million hours in 2024, the hours worked are expected to decrease year-on-year, reaching 19.717 million hours by 2028. This represents a consistent downward trend.
For reference, the actual value for 2023 stood at an unspecified figure, but the data indicates a trend of decreasing hours worked from this point onward. The year-on-year percentage variations are as follows:
- 2024-2025: -1.05%
- 2025-2026: -1.04%
- 2026-2027: -1.03%
- 2027-2028: -1.02%
Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) averages a decline of approximately -1.04% per year.
Future trends to watch for include potential impacts of automation and technology in brewing processes, shifts in consumer preferences toward craft or non-alcoholic beers, and economic factors affecting labor demand within the industry. Monitoring these elements will be essential for understanding the long-term outlook for Beer Hours Worked in the UK.
