In 2023, the Motor Vehicle Wheels (And Including Parts) market in France reached a value of $47.59 per capita. The market showed resilience, recovering from the drop in 2020. Year-on-year, there was a minor increase from 2022 to 2023 of around 0.34%. Over the last two years, the market demonstrated a positive trend, with a cumulative growth rate. Analyzing the past five years, the CAGR suggests a steady upward trend, reinforcing the sector's stability despite economic challenges.
Future trends to watch for include increased demand for lightweight and durable materials, influenced by regulatory and consumer shifts towards fuel efficiency and electric vehicles. This may lead to innovation and transformation in product offerings, affecting market dynamics and competition.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100.79 | 2023 | View data | ||
| 2 | 2 Finland | 96.33 | 2023 | View data | ||
| 3 | 3 Norway | 87.23 | 2023 | View data | ||
| 4 | 4 Belgium | 85.98 | 2023 | View data | ||
| 5 | 5 Austria | 72.6 | 2023 | View data | ||
| 7 | 7 Switzerland | 54.95 | 2023 | View data | ||
| 8 | 8 United Kingdom | 49.2 | 2023 | View data | ||
| 9 | 9 France | 47.59 | 2023 | |||
| 10 | 10 Spain | 44.94 | 2023 | View data | ||
| 11 | 11 Italy | 40.12 | 2023 | View data | ||
