The Land Transport and Pipeline Transportation sector in France showed a steady growth in employment from 2013 to 2023, with the number of employees increasing from 731,000 to 824,000. The year-on-year growth rate has varied over the years, peaking in 2019 at 2.33% and gradually stabilizing toward a more moderate growth rate, with a rise of 0.61% in 2023. The five-year CAGR preceding 2023 was 1.31%, indicating a consistent, albeit slowing, increase in employment.
Forecasted data from 2024 to 2028 predict a continual growth in employment within the sector. The CAGR for the next five years is projected to be 0.52%, leading to a total employment figure of 852,000 by 2028. This represents a forecasted five-year growth rate of 2.65%, which is slower compared to the historical growth rates seen over the past decade.
Future trends to watch for:
- Automation and technological advancements affecting employment rates.
- Potential impact of environmental policies and shifts towards greener transportation solutions.
- Influence of broader economic conditions on transport and logistics demand.
- Labor market dynamics and availability of skilled workforce.
