In 2023, the production in the Manufacture of Structural Metal Products sector in France is valued at €14.27 billion, achieving a YoY increase of 1.11%. Unlike the stability seen in 2022 with a 1.15% rise, 2023 shows consistent growth from 2021, which had a YoY spike of 6.84%. Looking ahead, the sector is forecasted to continue its growth, reaching €14.99 billion by 2028, reflecting a conservative five-year CAGR of 0.78%, slightly below the historical CAGR trends.
Future trends to watch:
- Potential digitalization and automation of production processes.
- Increasing emphasis on sustainability and eco-friendly building materials.
- Possible impacts of global supply chain dynamics on raw material availability.
- Regulatory changes impacting production standards and compliance costs.
