Forecast: Number of Persons Employed in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Sector in France

The employment in the wholesale and retail trade and repair of motor vehicles and motorcycles sector in France is forecasted to grow steadily from 528.96 thousand employees in 2024 to 603.0 thousand employees in 2028. This indicates an uninterrupted upward trend over the five-year period. The average compound annual growth rate (CAGR) is estimated to reflect a robust increase in the sector, given the positive year-on-year variations. In 2023, employment stood at a lower baseline, emphasizing the forecasted growth.

Future trends to watch for in this sector include:

  • Shifts in consumer preferences towards electric vehicles, impacting repair and trade dynamics.
  • Technological advancements in vehicle automation influencing employment skill requirements.
  • Potential macroeconomic factors and policies affecting the automotive sector demand and workforce.

Top Countries about Retail