The forecast for the number of self-employed persons in wholesale, retail trade, and repair of motor vehicles and motorcycles in the UK shows a consistent figure of 90,000 from 2024 to 2028. In 2023, the number stood at 90,000 as well, indicating no year-on-year variation. The Compound Annual Growth Rate (CAGR) over this five-year forecast period is 0%, denoting a stagnant trend with no anticipated growth or decline in this sector.

Future trends to watch for:

Technological advancements could impact self-employment opportunities in vehicle repair.
Changes in consumer behavior might influence the retail aspect of the sector.
Any shifts in economic conditions could affect self-employment activity levels.
Environmental regulations could alter the landscape for motor vehicle trades.