In 2023, the sold production of iron or steel threaded fasteners in France was at 541 million euros. The forecast for 2024 to 2028 shows a steady increase, starting from 556.39 million euros in 2024 to 613.95 million euros by 2028. The year-on-year growth varies between approximately 2.5% to 2.8%, indicating a consistent upward trend. The compound annual growth rate (CAGR) over these five years is estimated at around 2.5%, reflecting moderate but stable growth in this sector.
Future trends to watch for include advancements in manufacturing technologies, potential disruptions from geopolitical factors, and economic shifts that could impact the steel industry. Demand from key sectors such as automotive and construction will also play a vital role in shaping the market.
