The number of persons employed in the UK plumbing, heat, and air-conditioning installation sector is projected to increase from 152.61 thousand in 2024 to 155.85 thousand by 2028. This represents a steady year-on-year growth rate, suggesting a thriving sector poised for modest expansion. Comparing the forecasted figures to the actual data from previous years, the industry is expected to experience consistent growth, indicating a stable demand for skilled labor.
Key Variations:
- 2024 to 2025: An increase of approximately 0.55%
- 2025 to 2026: An increase of approximately 0.53%
- 2026 to 2027: An increase of approximately 0.52%
- 2027 to 2028: An increase of approximately 0.50%
The Compound Annual Growth Rate (CAGR) prediction over the five-year period is modest, reflecting an average annual increase of about 0.54%.
Future trends to watch for include technological advancements in eco-friendly heating and cooling solutions, which may drive demand for specialized skilled workers. Additionally, regulatory changes or government incentives promoting energy efficiency could further impact employment in the sector.