In 2023, the number of self-employed people in the Wholesale, Retail, and Repair of Motor Vehicles and Motorcycles sector in Germany was 963 million hours. The forecast from 2024 to 2028 indicates a steady growth, increasing from 965 million hours in 2024 to 977 million hours in 2028, showing gradual year-on-year improvements. The average annual growth rate (CAGR) over this period is a modest but consistent upward trend, reflecting stability in this sector.
Future trends to watch for:
- The rise of digitalization and online retail might affect traditional self-employed workers.
- Increasing focus on sustainability and electric vehicles could reshape the sector.
- Government regulations and incentives may play a pivotal role in sector dynamics.