Household expenditure on home goods in France is projected to increase steadily over the next five years, beginning in 2024 with 64.58 billion euros and reaching 68.09 billion euros by 2028. As of 2023, household expenditure stood at a lower base, marking this growth as a continuation of the upward trend. The year-on-year growth rate hovers around 1.35% to 1.36% between these years, reflecting solid and consistent consumer demand. The Compound Annual Growth Rate (CAGR) over this five-year span highlights a stable average growth.
Future trends to watch for include shifts in consumer preferences towards sustainable and smart home products, potential economic fluctuations impacting purchasing power, and technological advancements driving changes in home goods offerings.
