In 2023, the turnover of site preparation in the UK stood at 2.50 billion euros. From 2024 through 2028, forecasted growth shows modest but steady increases, with 2028 reaching 2.7 billion euros. The year-on-year growth from 2024 to 2025 is approximately 1.97%, with a slight deceleration from 2025 to 2026 at 1.54%. The period from 2026 to 2027 sees a further slowdown with an increase of 1.14%, followed by a stabilization at 1.5% for 2028. The compound annual growth rate (CAGR) calculated over 2024-2028 is around 1.54% yearly.
Future trends to watch include:
- The impact of evolving environmental regulations on site preparation practices and costs.
- Technological advancements enabling more efficient and sustainable site preparation methods.
- Potential fluctuations in public infrastructure spending impacting industry demand.
- Brexit and macroeconomic factors influencing foreign investment and market stability.
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