The forecast for France's sold production of plastic parts and accessories for land vehicles indicates a steady upward trend from 2024 to 2028, starting at €5.2164 billion in 2024 and reaching €5.7853 billion in 2028. This represents a consistent year-on-year growth rate, averaging around a 2.5% increase per year. By 2028, the five-year compound annual growth rate (CAGR) is expected to be approximately 2.56%, suggesting a stable trajectory in this sector.
Future trends to watch for include:
- Advancements in automotive manufacturing technologies influencing demand for innovative plastic components.
- Regulatory changes, particularly regarding environmental standards, impacting material selection and production methods.
- The shift towards electric vehicles, which may alter the types of plastic parts in higher demand.