Analyzing the output of warehousing and support activities for transportation in France from 2013 to 2023, we observe a consistent upward trend with the exception of 2020, where a notable decline of 7.62% occurred, likely due to the COVID-19 pandemic. Between 2013 and 2023, the market grew from €58.71 billion to €78.81 billion, representing a 34.17% increase over the decade. The year-on-year growth rates fluctuated, with significant growth in 2017 (7.04%) and 2021 (8.42%), countered by moderate drops and periods of slower growth. The compound annual growth rate (CAGR) over the last five years before 2023 is 1.99%, indicating a steady but cautious growth trajectory in recent times.
Future trends to watch for:
- The forecast CAGR for 2024-2028 is 1.76%, pointing to continued modest growth.
- Technological advancements in logistics and warehousing automation.
- Potential impacts of regulatory changes on transportation and warehousing infrastructure.
- Shifts in global supply chains and trade flows affecting demand for warehousing services.
