Forecast: Ownership of Road Motor Vehicles in France

In 2023, the ownership of road motor vehicles in France stood at approximately 724 units per thousand persons. The data forecast from 2024 indicates a gradual increase, with units rising to 747.18 per thousand by 2028. On a year-to-year basis, the ownership shows moderate growth: 0.64% from 2024 to 2025, 0.62% from 2025 to 2026, 0.60% from 2026 to 2027, and 0.59% from 2027 to 2028. Over the five years, the compound annual growth rate (CAGR) showcases an average annual increase of about 0.64%.

Future trends to watch for include the impact of policy shifts towards sustainable transport, the adoption rate of electric vehicles, and technological advancements that might influence vehicle ownership patterns.

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