Forecast: Retail (Except of Motor Vehicles and Motorcycles) Gross Value Added in Italy

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.

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