Forecast: Number of Persons Employed in Retail Sale of Other Goods in Specialized Stores Sector in Italy

The employment in the retail sale of other goods in specialized stores sector in Italy is projected to decrease slightly over the next five years. In 2023, the number of employees was approximately 589,000, and the forecast for 2028 suggests a decline, reaching around 584,910, indicating a gradual downward trend. The year-on-year changes reflect minor decreases with around a 0.13% to 0.14% reduction in employment each year. The compound annual growth rate (CAGR) over the forecast period is estimated to be roughly -0.14%.

Future trends to watch for include:

  • Technological advancements potentially impacting employment with increased automation.
  • Shifts in consumer behavior towards online shopping affecting the necessity of physical store employment.
  • Economic factors in Italy that could influence retail sector growth or contraction.

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