As of 2023, the import volume of slide fasteners other than those with chain scoops of base metal to France stood at approximately 225.86 thousand kilograms. The forecast for 2024 shows a substantial decline to 196.18 thousand kilograms, with further decreases projected in the subsequent years: 166.56 thousand kilograms in 2025, 137.54 in 2026, 109.1 in 2027, and 81.23 in 2028. This represents a consistent year-on-year decline throughout the forecast period. The compound annual growth rate (CAGR) over these five years is expected to be significantly negative, indicating a protracted decline in imports.
Future trends to watch for include:
- Potential shifts in local production versus imports due to cost or supply chain dynamics.
- Impact of technological advancements on production and quality alternatives.
- Changes in France's regulatory environment affecting imports or demand for specific fasteners.