In 2023, the sold production of expansible polystyrene in primary forms in France stood at 85.312 million euros. The forecast for 2024 shows a decrease to 84.545 million euros, marking a year-on-year decline of approximately 0.90%. This downward trend is projected to continue through to 2028, with an overall compound annual growth rate (CAGR) of -0.88% over the five-year forecast period. By 2028, production value is expected to reach 81.663 million euros, indicating a consistent annual decrease.
Future trends to watch for include:
- Potential impacts of sustainability initiatives as demand for eco-friendly alternatives may influence polystyrene consumption.
- Technological advancements in recycling and reuse of materials could alter production levels and market dynamics.
- Regulatory changes, especially concerning environmental standards, which may affect production costs and profitability.