Forecast: Number of Enterprises in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Sector in Italy

In 2023, the number of enterprises within Italy's wholesale and retail trade and repair of motor vehicles and motorcycles sector was slightly above 116,000. From 2024 to 2028, forecasts suggest a slight annual decrease, as the numbers decline incrementally to just under 115,000 by 2028. This represents a year-on-year decrease of roughly 0.27% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is projected to be -0.29%, indicating a modest but consistent contraction in the sector.

Future trends to watch for include:

  • The impact of digital transformation and online sales on traditional retail distribution channels.
  • Potential shifts in consumer preferences towards electric vehicles influencing repair and service enterprises.
  • Regulatory changes impacting environmental standards and their effect on business operations.

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