The forecasted data for self-employed people in the Italian retail sector (excluding motor vehicles and motorcycles) indicates a steady decline from 2024 to 2028. Starting at 850.1 thousand jobs in 2024, the employment figures shrink by approximately 2.05% in 2025, 2.09% in 2026, and 2.11% in 2027, with a consistent downward trend culminating in a further reduction of approximately 2.14% by 2028. The compound annual growth rate (CAGR) over five years shows an average annual decrease of about 2.1%.
Future trends to watch for:
- Digital transformation in retail which could influence a shift in employment patterns towards more tech-oriented roles.
- Potential regulatory changes impacting the sector's self-employed workforce.
- Increasing competition from e-commerce affecting traditional retail.
- Possible economic fluctuations impacting consumer spending and retail dynamics.