In 2023, the number of persons employed in the retail sale via stalls and markets of textiles, clothing, and footwear in Germany stood at approximately 2.33 thousand. Forecasts suggest a consistent downward trend from 2024 to 2028, with employment decreasing year-on-year. In 2024, projections indicate a decline of around 5.6% from 2023. This declining trend continues with a 5.9% drop in 2025, 5.8% in 2026, 6.2% in 2027, and 6.6% in 2028. The compounded annual growth rate (CAGR) is approximately -5.9% over the forecast period.
Future trends to watch for:
- Shifts towards online retail impacting traditional market stalls.
- Evolving consumer preferences affecting demand in this sector.
- Potential economic policies influencing employment in retail markets.
- Impact of sustainability trends on textile and clothing sectors.
