In 2023, the turnover in the service activities incidental to the land transportation sector in Germany was estimated to be below the forecasted 12.52 billion euros in 2024. The sector is predicted to experience steady growth from 2024 to 2028, with values increasing from 12.52 billion to 13.39 billion euros. This demonstrates a year-on-year growth rate of approximately 1.8% during the forecast period. Over five years from 2024 to 2028, the compound annual growth rate (CAGR) is optimistically poised around 1.8% as well.
Future trends to watch for include technological advancements in transportation logistics, increased emphasis on sustainability and green logistics, and potential economic fluctuations impacting the German and broader European transportation sectors.
