The production value of travel agencies in France stood at 2.10 billion Euros in 2023. Forecasts suggest a consecutive decline from 1.76 billion Euros in 2024, indicating a diminishing trend over the coming years. By 2025, the production value is projected to decrease to 1.47 billion Euros, continuing to 1.19 billion Euros in 2026, 0.9171 billion Euros in 2027, and finally reaching 0.6453 billion Euros by 2028. The year-on-year variations illustrate a consistent downward trajectory with significant declines year after year.
The average annual variation (CAGR) over the forecast period (2024-2028) depicts substantial contraction in the travel agency production value sector. Future trends to watch for include the impact of digital transformation on travel services, potential recovery post-economic downturns, and evolving consumer preferences towards alternative travel arrangements.
