The turnover of warehousing and support activities for transportation in France has experienced a significant decline. In 2023, the value stood at €47.44 billion. From 2013 to 2023, the turnover saw an initial growth, peaking in 2015, followed by a steep and continuous decline. Year-on-year variations highlight decreasing figures from 2016 onward with negative growth rates becoming more pronounced each year. The compound annual growth rate (CAGR) over the last five years for 2023 is -4.59%. Forecasts for 2024 and beyond predict a continued downward trend with a projected 5-year CAGR of -5.26%, and a forecasted turnover of €34.13 billion by 2028.
Future trends to watch for:
- Potential impact of technological advancements in warehousing and logistics on efficiency and costs.
- Regulatory changes and their effects on the transportation sector.
- Economic factors influencing demand for warehousing and transportation services.
- Shifts in global trade patterns and their implications for the French market.
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