In 2023, the retail trade sector in Brazil, excluding motor vehicles and motorcycles, had a value of establishments standing at an actual 1.2233 million. Over the forecast period from 2024 through 2028, a gradual decline is projected in the number of establishments from 1.2213 million to 1.2094 million. The year-on-year variation indicates a decrease, with a consistent trend of 0.24% annually based on the CAGR from 2024 to 2028. This suggests a contraction in the retail sector establishment count.

Future trends to watch for include:

The impact of digital transformation on retail establishments as consumers increasingly shift to online shopping.
Economic policies and their influence on the retail business environment in Brazil.
Trends in consumer spending behavior, which may further affect the number of physical retail establishments.