The non-specialized wholesale trade sector in Germany had a workforce of 62.80 thousand employees in 2023. The forecasted figures indicate a gradual decline in employee numbers, with a decrease to 60.76 thousand by 2028. Year-on-year analysis shows a consistent decrease of around 0.6% to 0.7%, portraying a slight downward trend. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects a steady average annual decrease of approximately 0.58% in employment.
Future trends to watch for include:
- Technological advancements leading to increased automation in the sector.
- Potential shifts in demand due to digital transformation affecting traditional wholesale models.
- Economic policies and labor market conditions in Germany that might impact employment levels.