The warehousing and support activities for transportation sector in France experienced steady growth from 2013 to 2019, with annual outputs increasing from €58.71 billion to €74.87 billion. A significant disruption occurred in 2020 with a contraction of -7.62% due to the pandemic. However, the sector quickly rebounded in 2021 with an impressive 20.46% growth, reaching €83.31 billion. This was followed by a slight decline of -2.8% in 2022, but growth resumed in 2023 with a 3.66% increase, reaching €83.94 billion. Forecasts predict continued growth, with output expected to reach €98.34 billion by 2028, illustrating a 5-year CAGR of 2.51%.
Future trends to watch for include the adoption of automation and digitalization in warehousing operations, the impact of e-commerce on supply chain logistics, and the potential disruptions from geopolitical factors and environmental regulations. These factors could significantly influence year-on-year variations and overall growth rates in the coming years.
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