As of 2023, there were 21.92 thousand enterprises in the retail sale of electrical household appliances, furniture, lighting equipment, and other household articles in specialized stores in Germany. Forecasts for the subsequent years show a gradual decline in the number of enterprises: 21.84 thousand in 2024, 21.75 thousand in 2025, 21.67 thousand in 2026, 21.58 thousand in 2027, and 21.50 thousand in 2028.
- Year-on-year variation suggests a slight decline, moving from 2023 to 2024 by roughly 0.37% and similar small degrees through 2028.
- The last CAGR over these five years may hover around -0.38%, indicating a very modest reduction in enterprise numbers annually.
Looking forward, it's vital to monitor the impact of digital transformation in retail, changing consumer preferences for online shopping, and economic conditions that may influence both the consolidation of enterprises and potential market entries.
