In 2024, the number of persons employed in the renting and leasing of construction and civil engineering machinery and equipment in the UK is forecasted at 44.55 thousand, marking a stable upward trend from previous years. By 2028, this figure is expected to reach approximately 45.75 thousand, highlighting a consistent annual growth pattern. The year-on-year growth rate between 2024 and 2028 remains steady at about 0.67%.
Future trends to watch for include:
- Technological advancements in machinery that may affect labor demand.
- Regulatory and economic changes that could impact the market dynamics.
- Potential shifts in construction sector demand, influencing employment needs.
