The forecast data indicates a consistent decline in the number of enterprises in the UK inland freight water transport sector, with the number expected to decrease from 58 in 2024 to 53 by 2028. This reflects a steady year-on-year percentage reduction as the sector contracts over this five-year period. In 2023, the industry had 60 enterprises, showing a clear downward trajectory with a compound annual growth rate (CAGR) reflecting negative growth.
Future trends to watch for include:
- Potential impact of environmental policies encouraging sustainable transport solutions.
- Technological advancements that might increase efficiency and competitiveness in the industry.
- Market shifts due to Brexit and global trade dynamics affecting demand for inland water freight.
