The production forecast for rubber, plastics products, and other non-metallic mineral products in France shows a steady growth from 2024 to 2028. Starting at 56.18 billion Euros in 2024, the production is projected to increase to 57.16 billion Euros by 2028. This reflects a compound annual growth rate (CAGR) that indicates a modest but stable upward trend in this sector over the five-year period.
For context, the industry production stood at a certain level in 2023, and the subsequent growth is consistent with a year-on-year increase, reflecting a stable sector. Although specific variation percentages for 2023 are not provided, the consistent growth suggests favorable market conditions.
Future trends to watch for include:
- The impact of environmental regulations and sustainability practices on production methods and costs.
- Technological advancements in manufacturing processes and materials innovation.
- Economic factors affecting consumer demand both within France and globally.