From 2013 to 2023, the polishing products market in France exhibited fluctuating trends, ultimately decreasing to 86.96 million Euros in 2023. Significant variations included a 13.38% increase in 2019, while 2018 experienced a notable decline of 7.86%. In the latest two years, the market showed a mild decline of 0.27% in 2022 and 1.17% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years stands at 1.37%.
Future trends to watch for:
- Forecasts indicate a declining trend with a -0.94% CAGR till 2028.
- Advancements in eco-friendly and sustainable polishing products may drive future demand.
- Economic factors and consumer preferences will impact market growth and variations.