The forecast for the number of self-employed persons in the accommodation and food services sector in Germany shows a gradual decline from 2024 to 2028. In 2023, the number stood at 215,000 individuals. From 2024 to 2028, there is an observable negative trend, with a year-on-year decrease of approximately 2.4% in 2024-2025, 2.0% in 2025-2026, 2.0% 2026-2027, and 2.0% in 2027-2028. The compound annual growth rate (CAGR) over five years indicates an average yearly decline of approximately 2.1%, reflecting challenges in the sector.
Future trends to watch for in the German accommodation and food services sector include the impact of digitalization, shifts in consumer preferences toward sustainable and authentic experiences, and potential regulatory changes that could either hinder or facilitate self-employment opportunities. Additionally, economic factors such as inflation and labor market dynamics might influence these trends.
