The forecast for the number of self-employed persons in retail trade (except motor vehicles and motorcycles) in Germany shows a downward trend from 2024 to 2028. Starting from 267,000 in 2024, a consistent decrease is noted through 2028, reaching 236,000. This marks a steady reduction in the self-employed workforce in this sector.
Year-on-year, the percentage decrease from 2024 to 2028 indicates a concerning trend for those considering self-employment in retail, demonstrating resilience amidst adverse conditions. The CAGR over this period underscores the gradual yet consistent contraction of the self-employed demographic.
Future trends to watch for:
- Impact of digitalization and e-commerce on traditional retail businesses.
- Potential policy changes influencing small businesses and entrepreneurship.
- Shifts in consumer behavior post-COVID that may affect retail dynamics.
