The forecast for household expenditure on fuels and lubricants for vehicles in France from 2024 to 2028 suggests a steady but minimal growth. The value is projected to increase from 34.32 billion euros in 2024 to 34.45 billion euros in 2028. Given the moderate year-on-year growth, the 5-year compound annual growth rate (CAGR) reflects a relatively stagnant market. In 2023, the expenditure stood at a comparable level, indicating only minor fluctuations over recent years.
Future trends to watch for:
- Development of more fuel-efficient vehicle technologies.
- Government policies influencing fuel prices and vehicle emissions.
- Potential shifts toward electric vehicles impacting fuel and lubricant demand.
