The forecast indicates a decline in the number of enterprises in Italy's retail trade sector, excluding motor vehicles and motorcycles, from 528,840 in 2024 to 501,580 in 2028. This marks a consistent decrease after an actual count of 535,000 in 2023. Year-on-year percentage decreases are evident, indicating a downward trend. The five-year Compound Annual Growth Rate (CAGR) signifies a gradual shrinkage in the sector.
Future trends to monitor include:
- Impact of digitalization on brick-and-mortar retail businesses, possibly exacerbating the decline.
- Evolving consumer preferences toward online shopping and their impact on small enterprises.
- Regulatory and economic changes in Italy that may affect the ease of doing business in the retail sector.