The sawmilling and planing of wood turnover in France have shown a positive growth trajectory from 2013 to 2023, marking a transition from €3.39 billion to €5.52 billion. Notably, the year-on-year growth rates for this period have fluctuated, with key years like 2018 and 2022 reporting significant increases of 9.46% and 9.23% respectively. The CAGR over the last five years leading up to 2023 is approximately 4%, depicting a robust industry expansion despite minor setbacks, such as the notable decline in 2020 due to external factors.
From 2024 onwards, the forecast data suggests a continued upward trend, with the turnover projected to reach €6.44 billion by 2028. This forecasted growth corresponds to a 5-year CAGR of 2.36%, indicating a moderate yet steady expansion.
Future trends to watch for:
- Shifts in consumer preferences towards sustainable and eco-friendly wood products.
- Technological advancements in sawmilling and wood processing to enhance efficiency.
- Impact of regulatory changes related to environmental conservation and forest management.
- Economic influences such as inflation and supply chain disruptions.
