Forecast: Household Expenditure on Purchase of Vehicles in France

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.

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