The turnover of ceramic tiles and flags in France has shown significant volatility over the last decade. Starting at 250.1 million Euros in 2013, the sector experienced a drastic decline, hitting a low of 114.7 million Euros by 2020. Despite a brief recovery in 2021, the trend continued downward, and the industry stood at 133.8 million Euros in 2023.
From 2013 to 2023, the year-on-year variations fluctuated, with significant drops in 2014 (-13.51%) and 2018 (-50.21%), and notable increases in 2017 (33.8%) and 2021 (24.06%). More recent trends over the past two years show a decline of 4.36% in 2023, following a 1.69% drop in 2022. The last 5-year CAGR up to 2023 was -1.17%, indicating a relatively slow decline through this period.
Looking forward, the forecasted data points to a continued decrease in turnover, reaching 76.4 million Euros by 2028. This translates to a forecast 5-year CAGR of -8.97%, with a cumulative growth rate of -37.48% over the forecast period, suggesting enduring challenges and a potential consolidation of the market.
Future trends to watch for include technological advances in manufacturing, shifts in consumer preferences towards sustainable materials, and potential regulatory changes affecting the building and construction sector.
