Forecast: Turnover in Site Preparation Sector in the UK

The turnover in the UK site preparation sector is projected to increase steadily from £3.01 billion in 2024 to £3.35 billion in 2028, indicating a consistent upward trend. Comparing the yearly projections, there is a gradual growth rate between 2.6% and 3.0% year-on-year from 2024 to 2028. Prior to these forecasts, the actual turnover in 2023 stood at £2.93 billion, reflecting an average compound annual growth rate (CAGR) of approximately 2.7% over the five-year period through 2028.

Future trends to watch for include:

• Increased investment in infrastructure projects, potentially boosting sector demand.
• The impact of regulatory changes post-Brexit on the construction industry.
• Technological advancements in site preparation techniques enhancing efficiency and reducing costs.