The forecasted gross investment in the UK retail trade sector (excluding motor vehicles and motorcycles) is projected to grow modestly from £13.22 billion in 2024 to £13.6 billion in 2028. In 2023, the actual investment stood at £13.12 billion, indicating a stable growth path into the forecasted years. Year-on-year, the investment is expected to increase by approximately 0.75% to 0.90%. The compound annual growth rate (CAGR) over the next five years is projected to be around 0.7%.
Future trends to watch for include:
- Technological advancements in retail affecting investment patterns.
- Changing consumer behaviors impacting retail structures.
- Potential economic fluctuations affecting investment capacity.