Over the past decade, the cutlery turnover in France exhibited fluctuations. The period from 2013 to 2016 saw significant increases, peaking in 2016. However, from 2017 onwards, there was a notable decline, particularly between 2018 and 2020. In 2023, the turnover stood at 247.8 million euros, indicating a modest recovery with a year-on-year increase of 1.14%. The average annual variation over the last five years (2018-2023) reflected a slight decline at a CAGR of -0.48%.
Looking ahead, from 2024 onwards, the forecasted data suggest a steady growth in cutlery turnover, with a CAGR of 0.76% and a forecasted growth rate of 3.83% over the next five years.
Future trends to watch for:
- Continued gradual recovery in turnover.
- Potential impacts of changing consumer preferences and economic conditions.
- Innovations and shifts in the cutlery market due to sustainability and environmental concerns.