Forecast: Number of Enterprises in Retail Trade (Except of Motor Vehicles and Motorcycles) Sector in Italy

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.

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