The nursery plants production market in France demonstrated steady growth from 2013 to 2023, moving from €912.1 million in 2013 to €1240 million in 2023. This represents an overall trend of gradual increase, except for minor setbacks such as in 2016 and 2021. The year-on-year growth rates fluctuate slightly, exhibiting a consistent pattern of rising values with occasional dips.
In recent years, the growth rate has stabilized, with 2023 showing a year-on-year increase of 1.36% compared to 2.83% in 2022, highlighting a modest but steady expansion pace. The cumulative annual growth rate (CAGR) over the last five years stands at 0.73%, indicating a relatively stable market environment.
Looking ahead, the forecasted data from 2024 to 2028 suggest a continued upward trajectory, reaching €1320 million by 2028. The forecasted CAGR over the next five years is 1.01%, a slight uptick from past trends, projecting a total growth of around 5.15% over this period.
Future trends to watch include potential impacts of technological advancements in horticulture, policy changes in agricultural support, and emerging consumer preferences for sustainable and native plant species. Monitoring these factors will be crucial for market stakeholders to adapt and capitalize on growth opportunities.
