The number of enterprises in the wood panel products and veneer sheets sector in France is projected to decline from 42 in 2024 to 13 in 2028, indicating a significant contraction. This trend reflects a year-on-year decrease of approximately 19% between 2024 and 2025, accelerating to about 32% between 2027 and 2028. The compound annual growth rate (CAGR) for the forecast period is -23% annually, signaling a rapid reduction in enterprise numbers.
Future trends to watch for:
- Potential consolidation in the industry as firms might merge or exit the market.
- Impact of regulatory changes and sustainability concerns driving innovation.
- Adaptation to technological advancements and efficiency improvements.