Forecast: Turnover in Specialized Construction Activities Sector in the UK

The turnover in the Specialized Construction Activities sector in the UK is forecasted to grow steadily from £120.5 billion in 2024 to £129.59 billion by 2028. This represents a consistent year-on-year percentage growth: 1.94% from 2024 to 2025, 1.87% from 2025 to 2026, 1.80% from 2026 to 2027, and 1.73% from 2027 to 2028. When considering the actual turnover in 2023, which stood at £118.34 billion, the average annual growth rate (CAGR) from 2023 to 2028 is approximately 1.84%.

Future trends to watch for:

  • Impact of technological advancements and digital transformation in construction methods.
  • Government policies and infrastructure investments that may influence sector growth.
  • Labour market dynamics and the availability of skilled professionals.
  • Environmental regulations and the shift towards sustainable construction practices.

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