The self-employed sector within Germany's accommodation and food services is set to decline, as forecasted data from 2024 to 2028 shows a consistent reduction in activity, from 409 million hours in 2024 to 357 million hours in 2028. This reflects a negative year-on-year change with an average CAGR of approximately -3.4% over this period. In 2023, the sector was notably more active, preceding this downturn.
Future trends to watch include potential impacts from regulatory changes, shifts in consumer behavior towards online services, and economic factors like inflation and labor market pressures, which may further influence this sector's dynamics and self-employment attractiveness.
