Between 2013 and 2023, the retail sale in non-specialized stores sector in Spain showed steady growth, starting from 22.11 billion euros in 2013 and reaching 28.77 billion euros in 2023. The yearly variation percentages demonstrate a consistent upward trajectory, with notable year-on-year changes peaking at 6.29% in 2018 and moderating in recent years. Over the last five years, the compound annual growth rate (CAGR) has slightly tapered to 1.48% by 2023.
Future trends to watch for:
- Continued steady growth is projected with a forecasted 5-year CAGR of 0.58%.
- Future growth factors may include digital transformation, e-commerce expansion, and changing consumer behavior.
