In 2023, the road freight volume of secondary raw materials, municipal, and other wastes in the UK stood at 7.03 billion tonne-kilometers. The forecasted growth for 2024 is 3.4%, reaching 7.27 billion tonne-kilometers. This upward trend continues with a consistent year-on-year growth: 3.3% in 2025, 3.2% in 2026, 3.0% in 2027, and 2.9% in 2028. The compound annual growth rate (CAGR) over these five years is approximately 3.2%.
Future trends to watch for:
- Increased focus on recycling and sustainable waste management may drive higher volumes.
- Technological advancements in logistics could optimize road freight efficiency.
- Government policies on reducing carbon emissions could impact long-term freight dynamics.