In 2023, household expenditure on transport services in France stood at approximately 27.40 billion euros. Forecasted data for 2024 through 2028 shows a steady upward trend. Specifically, there is a forecasted year-on-year growth of about 1.1% from 2024 to 2025, and this growth rate slightly increases as we move toward 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is anticipated to be around 1.1%. This consistent growth highlights a stable demand for transport services in France.
Future trends to watch for include:
- Shifts towards more sustainable and environmentally friendly transport options.
- Technological advancements in transport services, such as increased electric vehicle adoption and shared mobility services.
- Potential policy changes affecting transportation costs and infrastructure improvements that could impact expenditure levels.