The household expenditure on vehicle purchases in France stood at 543 Euros per capita in 2023. The forecasted values from 2024 to 2028 depict a steady annual increase of 1 Euro per capita, indicating a consistent trend with year-on-year percentage variations below 0.2%. Over the last two years, from 2023 to 2025, the variation has remained minimal, while the Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is predicted to be around 0.18%.
Future trends to watch for:
- Potential shifts in consumer preferences towards electric and hybrid vehicles due to environmental policies.
- Possible economic fluctuations impacting disposable household income and thereby affecting vehicle expenditure.
- Technological advancements in auto-industry influencing vehicle prices and purchase decisions.