The UK's road freight volume for textiles, textile products, leather, and leather products is forecasted to decline significantly from 2024 to 2028. In 2023, the volume stood at 3.05 million metric tons. Starting from 2024, the forecasts show a consistent year-on-year decrease, with the annual volume expected to drop to 2.06 million metric tons by 2028. The compound annual growth rate (CAGR) reflects a declining trend over this five-year period.
Future trends to watch for:
- Impact of sustainable practices and eco-friendly policies on production and logistics.
- Shift in consumer preferences towards digital and local transactions.
- Potential innovations in transport technology affecting logistics efficiency.
- Global supply chain disruptions and geopolitical factors influencing trade volumes.