In 2023, the number of self-employed individuals in the UK's wholesale, retail, and repair of motor vehicles and motorcycles sector stood at 285.68 thousand units (persons). However, projections indicate a declining trend from 2024 through 2028, with values decreasing from 272.41 to 234.17 thousand units. The year-on-year reductions average -4.58% in 2025 and continue with smaller decrements. The five-year compound annual growth rate (CAGR) is -4.05%, reflecting a consistent downward trajectory in self-employment within this sector.
Future trends to watch for include technological advancements such as online retailing and increased automation, which might further impact the demand for self-employed roles in traditional retail and repair operations. Additionally, economic policies and consumer preferences for environmentally friendly vehicles may also influence job patterns in this sector.
