In 2023, the UK warehousing and storage sector had 7,800 enterprises. Forecasts suggest growth over the next five years, with 7.99 thousand enterprises in 2024, reaching 8.78 thousand by 2028. Year-on-year growth is approximately 2.5%, supported by e-commerce expansion and supply chain optimization. The sector's compound annual growth rate (CAGR) over these five years is projected at about 2.3%.
Future trends to watch for include:
- Technological advancements in automation and AI.
- Sustainability shifts driving eco-friendly warehousing.
- Increased demand for cold storage due to changes in consumer preferences.
