The number of self-employed persons in road and pipeline transport in the UK is forecasted to grow from 301,000 in 2024 to 320,000 in 2028. From 2023, the industry saw a year-on-year growth rate of approximately 1.66% annually, moving from around 296,000 in 2023 to projected figures in 2028. The compound annual growth rate (CAGR) for the period is estimated at 1.56%.
Future trends to watch for include:
- Technological advancements affecting transport efficiencies.
- Regulatory changes impacting self-employment structures.
- Macro-economic conditions affecting the demand for transport services.
