The turnover of plastic products in France has experienced fluctuating trends over the years. From 2013 to 2023, there were periods of growth, notably in 2017 and 2018, followed by a decline from 2019 onwards. In 2023, the turnover stood at €25.9 billion, reflecting a 1.59% decline compared to the previous year.
Looking ahead, a consistent declining trend is forecasted, with a five-year compound annual growth rate (CAGR) expected to be -1.3%, leading to a projected turnover of €23.88 billion by 2028. This represents a total drop of 6.33% over the five-year period.
Future trends to watch for include:
- Impact of global regulatory changes on plastic use and production
- Innovation in biodegradable and recyclable plastics
- Shifts in consumer preferences towards sustainable products
- Economic factors influencing production costs and demand
