Highway Maintenance – 5 Key Facts

A lack of investment in the road network continues to be a source of complaint within the sector, this has led to long-term deterioration causing severe backlogs when it comes to upgrades and maintenance.
Our 5 key facts look at the points you need to see and they are taken directly form the report itself.
1, The UK highway maintenance market was worth an estimated £10.28bn and is recovering from an annual decrease of more than 14% in value caused by the pandemic.
2, Roads accounted for 35% of total construction output within the infrastructure sector in 2021, up from less than 21% in 2017 as expenditure has increased steadily.
3, The second phase of the Road Investment Strategy (RIS) scheduled to run between 2020 and 2025 will see over £27bn invested into the UK road network.
4, Average highway maintenance budgets for England’s local authorities grew by almost 5% in 2021/2022 to more than £32m.
5, Market value is forecast to increase by between 3% and 4% per annum during the period between 2022 and 2026, reaching £12.35bn by then.
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Highway Maintenance Market Report – UK 2022-2026
Incorporating original input and primary research, the report contains an in-depth analysis of the UK highway maintenance sector, including market structure, recent market and future trends, major spending programmes and suppli...