In 2023, household expenditure on road passenger transport in France was estimated at approximately 8.95 billion euros. From 2024 to 2028, the forecasted expenditure shows a steady increase, rising from 9.11 billion euros in 2024 to 9.82 billion euros in 2028. This represents an average compound annual growth rate (CAGR) of roughly 1.51% over the five-year period. Key year-on-year growth rates include an increase of about 1.98% from 2024 to 2025 and 1.94% from 2025 to 2026.
Future trends to watch include:
- The impact of technological advancements in vehicle efficiency on costs and expenditure.
- The evolution of public transportation infrastructure, potentially influencing private road transport spending.
- Economic factors such as inflation and fuel price fluctuations, which could affect household transportation budgets.
- Environmental regulations and their effect on consumer preferences for sustainable transportation options.