In 2023, the gross investment for the retail sector focused on non-specialized stores selling food, beverages, or tobacco in Germany stood at 7.74 billion Euros. Forecasted data predicts a continuous year-on-year increase: 2024 (8.31 billion), 2025 (8.9 billion), 2026 (9.48 billion), 2027 (10.03 billion), and 2028 (10.58 billion). These figures indicate a steady growth pattern, culminating in a compound annual growth rate (CAGR) of approximately 6.5% over the five years.
Future trends worth watching include:
- Emergence of sustainability practices and their impact on costs and investments.
- Growth of e-commerce affecting in-store investment strategies.
- Fixture of digitalization in customer experience and operational efficiency.
- Inflationary pressures and changing consumer spending behaviors.
