In 2023, the estimated end-of-life vehicle recycling and reuse in France stood at approximately 1.64 million metric tons. Moving forward, the forecast data shows a steady year-on-year increase: 1.6661 million in 2024, 1.6897 million in 2025, 1.713 million in 2026, 1.7361 million in 2027, and 1.759 million metric tons in 2028. These figures indicate an average compound annual growth rate (CAGR) of 1.74% over the five-year period from 2024 to 2028.
Future trends to watch:
- Technological advancements in recycling processes which could further enhance efficiency and recovery rates.
- Shifts in regulatory frameworks aimed at increasing the recycling targets and percentages in France.
- Dynamics in vehicle designs, including the use of more sustainable materials, which could alter recycling and reuse strategies.