Based on the forecasted data, the year-on-year growth in turnover is consistent at approximately 2.11% annually. Here are the projected turnovers:
- 2024: £1.42 billion
- 2025: £1.45 billion
- 2026: £1.48 billion
- 2027: £1.51 billion
- 2028: £1.54 billion
The compound annual growth rate (CAGR) from 2024 to 2028 is around 2.11%.
Future Trends to Watch
Moving forward, it's important to monitor potential impacts of economic policies, technological advancements in manufacturing, and fluctuating demand in the construction sector. Sustainability and eco-friendly practices may also significantly influence future growth and turnover in the sector.
