In 2023, the sold production of iron or steel cold-formed helical coil tension springs in France stood at an unspecified value. From 2024 to 2028, forecasted data indicate a declining trend, starting at 8.2969 million euros in 2024 and decreasing to 5.4192 million euros by 2028. This reflects a contraction in the market, with significant year-on-year decreases: approximately -8.8% in 2025, -9.6% in 2026, -10.4% in 2027, and -11.6% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is substantially negative, highlighting persistent downtrend concerns.
Future trends to monitor include:
- Technological advancements in spring manufacturing processes.
- Emerging regulatory standards affecting materials and environmental compliance.
- Potential shifts in demand from key industries such as automotive and industrial machinery.