In 2024, the number of furniture manufacturing enterprises in France is forecasted at 9.73 thousand, down from 10.27 thousand in 2023. This decline continues through 2028, reaching 7.59 thousand. The year-on-year percentage decrease is consistent, reflecting a shrinking industry. From 2024 to 2028, there is an average annual decline (CAGR) of approximately 5.1%, highlighting structural changes in the sector.
Future trends to watch for include:
- The impact of digital transformation on production efficiency.
- Shifts towards sustainable manufacturing practices.
- Potential market consolidation as smaller enterprises struggle to adapt.
- Influence of changing consumer preferences on demand.
