The number of enterprises in the UK's non-ferrous metal casting sector is projected to decline steadily from 2024 to 2028, starting at 199 enterprises in 2024 and decreasing to 182 enterprises by 2028. This indicates a year-on-year decrease of approximately 2-3%. Having started from a higher point in 2023, the sector faces a compound annual growth rate (CAGR) approaching -2.3%, reflecting a consistent downward trend over this period.

Future trends to watch for in this sector include:

Increased competition from international markets that may impact domestic enterprise numbers.
Innovation and technological advancements that could reshape production efficiencies and cost structures.
Environmental regulations and shifts towards sustainability might drive changes in operational practices or business closures.