The number of enterprises in the retail sale of automotive fuel in specialized stores in the UK is projected to decline from 2,130 in 2024 to 1,850 in 2028. This represents a year-on-year decrease of approximately 3-4%. The average annual decline (CAGR) over these years is anticipated to be around 3%, indicating a steady reduction in the sector's enterprise numbers. As of 2023, there were approximately 2,200 enterprises, highlighting a continuing downward trend from previous years.
Future trends to watch for include the ongoing shift towards electric vehicles, which could significantly impact the demand for traditional automotive fuels. Additionally, regulatory changes and advancements in energy efficiency may further influence the competitive landscape and market dynamics.
