In 2023, the number of persons employed in travel agencies in France stood at 11.09 thousand employees. Looking forward, the forecasted data indicates a consistent decline in employment figures from 2024 to 2028. Specifically, employment is expected to drop by approximately 8.42% in 2025, 9.17% in 2026, 10.00% in 2027, and 10.96% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 shows an average annual decrease of around 9.20%.
Future trends to watch for:
- The impact of increasing digitalization and automation on employment in the travel agency sector.
- Changes in consumer behavior and travel preferences post-pandemic, potentially altering demand for traditional travel agency services.
- Possible industry consolidation and the emergence of new business models that could influence employment figures.