In 2023, the production value of the construction of residential and non-residential buildings in France stood at 50.3 billion euros. Forecasted data indicates a consistent upward trend from 2024 to 2028, with values increasing annually from 51.58 billion euros in 2024 to 56.63 billion euros by 2028. This reflects a year-on-year growth ranging between approximately 2.48% to 2.89% over the forecasted period. The compound annual growth rate (CAGR) over five years is about 2.42%, underscoring a steady expansion in the sector.
Future trends to watch for in the construction industry include the impact of sustainable building practices, technological advancements such as smart buildings, and demographic shifts influencing housing demands. Additionally, policy changes and economic factors like interest rates will play crucial roles in shaping the market dynamics.
