The number of enterprises in the UK's land transport and transport via pipelines sector is forecasted to increase steadily from 2024 to 2028. In 2023, the sector had 73,000 enterprises. The forecast indicates an annual growth, with the sector expanding to 79.86 thousand enterprises by 2028. Year-on-year changes suggest a stable increase, averaging approximately 1.8% annually. The compound annual growth rate (CAGR) is approximately 1.75% over the five-year period.
Future trends to watch for:
- Technological advancements may introduce operational efficiency and impact enterprise count.
- Regulatory and environmental policies could influence the growth dynamics in the sector.
- Market demand shifts, especially towards sustainable transport solutions, may drive structural changes.
