The forecast for the French steel tubes, pipes, hollow profiles, and related fittings manufacturing market suggests a steady increase from 2024 to 2028. In 2023, the market volume was approximately 1.34 billion kilograms, marking the starting point for the projected growth. The forecasted year-on-year volume increases as follows: 2.77% in 2025, 2.66% in 2026, 2.57% in 2027, and 2.48% in 2028. The five-year CAGR is about 2.57%, indicating consistent growth.
Future trends to watch for include:
- Technological advancements in manufacturing processes.
- The impact of environmental regulations on production.
- Increased demand for sustainable steel products.
- Economic factors such as raw material prices and export opportunities.
- Potential shifts in global supply chain dynamics.