In 2023, the number of employees in Italy’s wholesale, retail, and repair of motor vehicles and motorcycles sector was lower than 264.1 thousand units. Forecasts from 2024 to 2028 indicate a gradual increase in employment figures, starting from 264.1 thousand units in 2024 to 265.0 thousand units by 2028. The year-on-year growth is subtle, around 0.11% annually, showcasing a steady, albeit slow, recovery or expansion trend. The 5-year CAGR also reflects this modest growth trajectory, reinforcing the stability of this sector in terms of employment.
Future trends to watch for include:
- Impact of electric vehicle adoption on repair and sales jobs.
- Technological advancements influencing skills and employment dynamics.
- Potential market shifts due to regulatory changes or economic fluctuations.
- The role of e-commerce in transforming retail dynamics.