In 2023, the number of enterprises in the UK's inland waterway transport sector was 243. The forecast for 2024 shows a decrease to 242, continuing a downward trend with slight yearly declines through 2028, reaching 237 enterprises. The year-on-year variation reveals minor declines, emphasizing a consistent but gradual contraction in the sector. The compound annual growth rate (CAGR) over the last five years indicates a slow reduction, emphasizing sustained pressure on the industry.
Future trends to watch for include:
- Shifts in economic conditions impacting water-based transport demand.
- Policy changes affecting environmental regulations.
- Technological advancements improving operational efficiencies.
- Potential impacts of Brexit on trade routes and logistics.
