In 2023, the number of persons employed in the retail sale via stalls and markets of food, beverages, and tobacco products sector in Germany was notably lower than forecasted figures for upcoming years. From 2024 to 2028, employment is anticipated to grow steadily with a year-on-year increase ranging from approximately 2.5% to 2.8%. The compound annual growth rate (CAGR) for these five years is projected to be around 2.57%.
Future trends to watch for include:
- The impact of technological advancements on employment needs, potentially influencing staffing levels.
- Shifts in consumer preferences towards online and alternative retailing channels impacting brick-and-mortar stalls.
- Regulatory changes in the food, beverage, and tobacco sectors that could affect market dynamics.