In 2023, the market size for motor vehicles and caravans with only petrol engines in France stood at approximately 5.615 billion Euros. Forecasts from 2024 to 2028 suggest a steady growth in market size, beginning at 5.641 billion Euros in 2024 and reaching 5.741 billion Euros by 2028. Year-on-year variations indicate a consistent growth trend, with modest increases around 0.44% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) appears to be stable, reflecting the market's overall resilience despite the global shift towards alternative fuel vehicles.
Future trends to watch for include:
- The impact of regulatory changes and environmental policies on petrol engine vehicle sales.
- The competitive pressures from electric and hybrid models.
- Potential changes in consumer preferences towards more environmentally friendly options.