Forecast: Number of Employees in Wholesale of Waste and Scrap and Other Products Sector in the UK

The number of employees in the UK's wholesale of waste and scrap and other products sector is projected to gradually decline from 43.12 thousand in 2024 to 42.86 thousand by 2028. This represents a modest year-on-year decrease. For comparison, in 2023, the workforce stood above this forecast, indicating a downward trend. A compounded annual growth rate (CAGR) assessment shows an average yearly reduction in the workforce over the next five years.

Future trends to watch for:

  • Adaptation to technological advancements which may automate processes, impacting workforce size.
  • Regulatory changes in waste management potentially influencing employment needs.
  • Market demand for recycled materials possibly affecting sector growth.

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