In 2023, the turnover in retail sales in non-specialized stores predominated by food, beverages, or tobacco stood below the projected figures for 2024. The forecasted turnover depicts a consistent and modest growth over the five-year period from 2024 to 2028. Specifically, there's a steady year-on-year growth, with annual increases approximately between 1.07% and 1.10%. Over the entire forecast period, the compound annual growth rate (CAGR) reflects a gradual increase in turnover, indicating stable market conditions.
Future trends to watch for include the impact of emerging consumer behaviors, potential economic fluctuations, and regulatory changes which could affect market dynamics in this sector. Monitoring e-commerce growth and sustainability trends within retail may provide further insights into possible shifts in the market landscape.
