In Germany, the value added of retail (excluding motor vehicles and motorcycles) is projected to rise progressively from 2024 through 2028, starting at 121.24 billion Euros in 2024 and reaching 132.34 billion Euros by 2028. Given the 2023 figure, expected annual growth rates are approximately 2.3% year-on-year. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 2.2%, reflecting a steady growth pattern within the sector.

Future trends to watch for include:

Technological advancements in retail operations and e-commerce, influencing consumer behavior and economic impact.
Consumer demand shifts towards sustainable and eco-friendly products affecting market dynamics.
Potential impacts of external economic factors such as inflation, interest rates, and geopolitical events on consumer spending.