In 2023, the Retail Gross Value Added (GVA) in Italy stood at approximately 86.5 billion euros. The forecast data reflects a steady growth trajectory in retail GVA from 2024 to 2028, with continuous year-on-year increases. Between 2024 and 2028, the retail GVA is projected to grow from 87.7 billion euros to 90.23 billion euros, indicating an average CAGR of 0.7% over the five-year period.
Key trends to watch for in the Italian retail sector include:
- The impact of digital transformation and e-commerce on traditional retail models.
- Shifts in consumer spending patterns due to economic conditions and fluctuating disposable incomes.
- Emerging sustainability trends influencing retail operations and consumer preferences.