The turnover of roofing activities in France has experienced various fluctuations over the last decade. The value stood at 9.45 billion euros in 2023. Since 2013, it peaked early on and saw a significant decline followed by a period of minor recoveries and stabilizations. Specifically, the turnover consistently decreased from 2013 to 2016, then saw a slight increase until 2019, before stabilizing again from 2020 onwards.
The year-on-year variations indicate sizable dips in 2014 (-15.65%) and 2016 (-5.27%) and modest improvements in other years. Notable increases occurred in 2018 (7.03%) and 2019 (3.88%). The last two years before 2023, 2021, and 2022 saw declines of -3.08% and -0.47% respectively, displaying a period of resilience but no significant growth. The 5-year CAGR leading to 2023 was -0.22%, suggesting a period of contraction.
Forecasted data from 2024 to 2028 depicts a continued but slight downward trend, with the turnover projected to fall to 9.24 billion euros by 2028. The forecasted 5-year CAGR is -0.36%, indicating a persistently slight declining trend. Over this period, the forecast 5-year growth rate is expected to be -1.81%.
Future trends to watch for include:
- The impact of economic conditions on construction and renovation activities in France.
- Emerging technologies and materials in roofing that could influence market dynamics.
- Government policies or incentives related to housing and energy efficiency which might stimulate the roofing activities sector.
- Climate change and sustainability concerns driving demand for more durable and eco-friendly roofing solutions.
