In 2023, the number of employees in retail trade (excluding motor vehicles and motorcycles) in Germany was approximately 2.98 million. The forecasted data indicates a steady increase in employment, with figures reaching approximately 3.04 million by 2028. The year-on-year growth from 2024 to 2028 shows a slight but consistent increase, demonstrating a stable industry. The compound annual growth rate (CAGR) over this period suggests modest yet positive growth in the sector.
Future trends to watch for include:
- Impact of digitalization on employment rates within retail.
- Shifts in consumer behavior towards online shopping.
- Economic factors influencing retail demand and workforce needs.
