As of 2023, there were approximately 24.23 thousand enterprises in the retail sale of non-specialized stores with food, beverages, or tobacco predominating sector in Germany. The forecast for 2024 predicts a small decrease to 24.16 thousand, with a steady decline each year until 2028, ending at 23.82 thousand. This represents a consistent downward trend with an average compound annual growth rate (CAGR) of approximately -0.34% over the forecasted period. This minor yet consistent decline reflects slight market contractions year-on-year, with variations from 2023 being notably close to flat yet negative.
Future trends to watch for include:
- Impact of digital disruption and online grocery shopping on physical store numbers.
- Economic shifts and consumer spending behavior affecting demand in physical retail spaces.
- Regulatory changes and health trends influencing demand for tobacco and alcohol sales.