In 2023, the retail trade sector, excluding motor vehicles and motorcycles in Italy, had an actual turnover valued at approximately 320 billion Euros. From 2024 to 2028, forecasted data suggests a modest and consistent annual growth in turnover, with values rising incrementally from 320.64 billion Euros in 2024 to 323.94 billion Euros in 2028. This reflects an average annual growth rate (CAGR) of around 0.3% over the five-year period.
Future trends to observe include:
- E-commerce growth and digital transformation continue to reshape the retail landscape.
- Shifts in consumer behavior towards sustainable and locally-sourced products.
- Potential regulatory changes impacting the retail sector's operating environment.
