The number of persons employed in the renting and leasing of recreational and sports goods in the UK is projected to increase steadily from 2024 to 2028. The forecast indicates a gradual rise from 8.96 thousand employees in 2024 to 9.6 thousand in 2028. This growth reflects a consistent year-on-year increase of approximately 1.8%. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be stable at around 1.8%, suggesting a steady expansion of the workforce in this sector.
Future trends to watch for include:
- Emerging digital platforms for equipment rental potentially boosting employment demand.
- Increased consumer interest in sustainable and flexible leisure activities.
- The impact of economic factors on consumer spending in leisure and sports goods sectors.