The turnover in the non-specialized wholesale trade sector in France saw significant fluctuations from 2013 to 2023. The highest turnover was recorded in 2015 at €37.68 billion, followed by a sharp decline to €22.64 billion in 2016, owing to macroeconomic factors. The downward trend continued through 2018, hitting a low of €8.65 billion. From 2019 onwards, the sector experienced gradual recovery, achieving 6.74% year-on-year growth in 2023 and reaching €14.4 billion.
Key variations to note over the last two years include a steady growth trend, with the turnover increasing from €12.57 billion in 2021 to €14.4 billion in 2023. The average annual growth rate (CAGR) over the past five years stands at 10.74%, indicating a resilience in the industry.
Looking forward, the forecast for 2024-2028 suggests an optimistic growth trajectory, with a projected CAGR of 4.22% and an overall growth rate of 22.96%. By 2028, the turnover is expected to reach €18.81 billion, reflecting sustained recovery and expansion potential.
Future Trends to Watch for:
- Potential impacts of economic policies and trade agreements on the wholesale sector.
- Technological advancements and digital transformation in wholesale trade processes.
- Changes in consumer demand and supply chain dynamics in a post-pandemic world.
- Environmental and sustainability regulations affecting wholesale operations.
