As of 2023, the household expenditure on package holidays in France stood at an estimated 2.1 billion Euros. The forecasted values from 2024 to 2028 suggest a steady increase in spending, with a year-on-year growth rate consistently around 1.4%. Over this five-year period, the compound annual growth rate (CAGR) is projected to be approximately 1.4% as well, indicating a stable upward trajectory in household expenditure.
Future trends to watch for:
- The impact of economic conditions on discretionary spending.
- Changes in consumer preferences towards sustainable and experiential travel.
- The influence of technological advancements in facilitating customized holiday packages.
- Shifts in consumer confidence due to global events that could affect tourism patterns.