In 2023, the turnover in the wholesale of construction materials, hardware, plumbing, and heating equipment and supplies sector in France was recorded at 45.8 billion euros. Forecasted data shows a continuous decline from 2024 through 2028, starting at 45.4 billion euros in 2024, and decreasing annually to 43.92 billion euros in 2028. The year-on-year variation reflects a gradual decrease, indicating a shrinking market. The five-year compound annual growth rate (CAGR) highlights this trend more clearly, showcasing an average yearly decline.
Future trends to watch for:
- Technological advancements in building materials potentially altering demand.
- Changes in environmental regulations impacting supply chains and costs.
- Evolving consumer preferences towards sustainable construction practices.
- Economic factors, such as interest rates and housing market dynamics, affecting overall sector performance.
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