In 2023, the retail output in Italy (excluding motor vehicles and motorcycles) was below the forecasted value for 2024 at 151.69 billion euros. From 2024 to 2028, the retail sector is expected to experience moderate growth, with year-on-year variations reflecting steady increases: 2.08% in 2025, 2.00% in 2026, 1.96% in 2027, and 1.90% in 2028. Over these five years, the compound annual growth rate (CAGR) is approximately 1.96%.
Future trends to watch for:
- Emergence of e-commerce as a dominant force amid digital transformation.
- Sustainability initiatives influencing consumer choices and retail strategies.
- Potential impact of economic policies on consumer spending power.
