The employment in the Freight Transport by Road sector in France has shown a consistent upward trend, particularly over the last decade. From a dip in 2014 with 286.17 thousand full-time equivalents, the sector has steadily grown to reach 473.46 thousand in 2023. The year-on-year variations fluctuated early in the decade but significantly ramped up from 2019 to 2023, culminating in an 8.3% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 8.79%, reflecting robust and sustained growth even amid global economic uncertainties.
Looking ahead, the forecasts indicate continued growth: the sector is expected to reach 649.59 thousand by 2028, with a five-year CAGR of 4.98%. The forecasted five-year growth rate of 27.52% underscores the sector's resilience and potential for expansion.
Future trends to watch for:
- Technological advancements in logistics and transport automation
- Impact of environmental regulations on the sector
- Continued economic recovery and its influence on freight demand
- Shift towards sustainable and green transport solutions
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