Forecast: Number of Enterprises in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Sector in Brazil

In 2023, there were 211.12 thousand enterprises in the wholesale, retail trade, and repair of motor vehicles and motorcycles sector in Brazil. Forecasts indicate a steady increase to 213.35 thousand by 2028. The year-on-year growth from 2024 to 2028 varies modestly, evidencing a gradual expansion in the sector. The compound annual growth rate (CAGR) over this period is a modest but positive 0.21%.

Future trends to watch for:

  • Technological advancements in vehicle repair and retail could spur enterprise growth.
  • Economic fluctuations might impact disposable income and consequently affect sector demand.
  • Environmental policies could influence market dynamics through shifts toward eco-friendly vehicles and services.

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