The forecast data for employment in the UK’s renting and leasing sector of agricultural machinery and equipment from 2024 to 2028 suggests a steady and modest growth. Beginning at 2.03 thousand employees in 2024 and increasing to 2.19 thousand by 2028, the sector reflects a consistent year-on-year increase of approximately 2%. This upward trend indicates a compounded annual growth rate (CAGR) over the five-year forecast period.

Key trends to watch for include:

Technological advancements in agricultural machinery which could boost demand for leasing services.
The impact of sustainable and eco-friendly practices on hiring trends.
Policy changes post-Brexit affecting the agricultural sector.