The agricultural and forestry machinery manufacturing market in France saw fluctuations between 2013 and 2023, with a decline from 7.41 billion euros in 2013 to 6.36 billion euros in 2023. The market experienced significant drops in 2014 (-16.3%) and 2016 (-6.54%), indicating underlying challenges. However, there were periods of recovery, such as in 2018 with an 18.39% increase, and stability returning from 2020 onwards. The compound annual growth rate (CAGR) over the past five years stands at a modest -0.088%. Forecasts from 2024 to 2028 project stable, albeit slow, growth with a five-year CAGR of 0.32%.

Future trends to watch:

Technological advancements in machinery to improve efficiency and sustainability.
Increased governmental support for sustainable agricultural practices.
Potential market consolidation among leading manufacturers.
Rising demand for machinery due to agricultural sector resilience.