Forecast: Self-Employed People in Wholesale, Retail and Repair of Motor Vehicles and Motorcycles Sector in Italy

The forecast for self-employed individuals working in the wholesale, retail, and repair of motor vehicles and motorcycles sector in Italy predict a decline from 2.47 billion hours in 2024 to 2.06 billion hours by 2028. This indicates a steady downward trend. The year-on-year percentage decreases are approximately: 4.45% for 2025, 4.24% for 2026, 4.42% for 2027, and 4.63% for 2028. The compound annual growth rate (CAGR) over this period is -4.44%. As of 2023, the hours stood at 2.60 billion, emphasizing the consistent decline.

Future trends to monitor:

  • Shifts towards automation and digital solutions in the automotive industry.
  • Changing consumer preferences impacting vehicle ownership and repair patterns.
  • Potential regulatory changes influencing business operations for self-employed individuals.

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