Forecast: Production of Wholesale, Retail Trade and Repair of Motor Vehicles and Motorcycles in Italy

The production value of wholesale, retail trade, and repair of motor vehicles and motorcycles in Italy was observed at approximately EUR 47.72 billion in 2023. From 2024 onwards, forecasts indicate a gradual annual increase: from EUR 48.47 billion in 2024 to EUR 51.37 billion by 2028. This represents a compound annual growth rate (CAGR) of around 1.4% over the five-year period. Observing year-on-year variations, the production value experiences small but steady increments, reflecting a stable growth trend in the sector.

Future trends to watch for:

  • Emergence and expansion of electric vehicles impacting repair services.
  • Increased digital retail solutions and their influence on traditional sales methods.
  • Potential economic impacts or policies influencing production and trade regulations.
  • Sustainability trends driving changes in business operations and consumer preferences.

Top Countries about Wholesaling