As of 2023, the number of employees in Germany’s Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles sector was 806.5 thousand. Forecasted data indicates a steady increase in employment, with projections of 823.25 thousand in 2024 to 889.43 thousand by 2028. This demonstrates a positive year-on-year growth trend. The compound annual growth rate (CAGR) from 2024 to 2028 will confirm an upward trajectory, reflecting a robust sector outlook.
Future trends to watch for include:
- Technological advancements influencing workforce demand.
- Regulatory changes impacting trade and repair sectors.
- Shifts in consumer behavior towards electric vehicles.
- Sustainability initiatives affecting operations and employment.
