The automotive furnishing articles market in France has experienced fluctuating growth over the past decade. Between 2012 and 2022, the market generally expanded, with notable dips in 2017 and 2021. The highest year-on-year increase occurred in 2018 at 7.52%, and the largest decline was in 2017 at -3.77%. Over the last five years (2017-2022), the compound annual growth rate (CAGR) was relatively modest, averaging around 1.81%. In 2023, the market value stands at 202 Million Euros, indicating continued growth from the previous year.
- The year-on-year growth from 2021 to 2022 was 6%, suggesting a recovery from the 2021 dip.
Future trends to watch for include advancements in automotive technology, eco-friendly materials, and consumer preferences for enhanced comfort and customization. These factors are likely to drive demand in the furnishing articles for car seats market, pushing the market value higher in the upcoming years.
# | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 334,430,000 | 2023 | +1.35% | +3.11% | View data |
2 | 2 Belgium | 213,120,000 | 2023 | +4.62% | +6.07% | View data |
3 | 3 France | 200,590,000 | 2023 | +0.98% | +0.51% | |
4 | 4 Germany | 187,400,000 | 2023 | -4.32% | -3.4% | View data |
5 | 5 Italy | 161,260,000 | 2023 | -12% | -7.14% | View data |