Forecast: Household Expenditure on Repair of Furniture and Furnishing Articles in France

In 2023, France's household expenditure on the repair of furniture and furnishing articles stood at a considerable sum. The forecast for 2024-2028 shows a steady decline in expenditure, with figures decreasing from 205.3 million euros in 2024 to 202.27 million euros in 2028. The year-on-year variation indicates a subtle but consistent downward trend, reflective of mild declines of approximately 0.39% to 0.41% annually. The compound annual growth rate (CAGR) over these five forecasted years is negative, signifying an average yearly decline in this expenditure category.

Future trends to watch for include:

  • Potential cultural shifts towards DIY repair or upcycling, possibly reducing professional repair expenses.
  • Technological advancements in durable materials impacting the need for repairs.
  • Macroeconomic factors like economic upturns or downturns that might influence disposable income and, consequently, expenditure priorities.
  • Environmental awareness influencing household repair choices, favoring sustainability over disposal.

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