The production in the civil engineering sector in France stood at 50.78 billion Euros in 2023. Analyzing the historical data reveals volatility, especially from 2013 to 2019. Notably, production saw significant drops in 2015 and 2016 but recovered in 2017 with a notable increase of 33.44%. Consistent growth was observed since then, with a remarkable peak in 2020.
In recent years, the sector experienced steady growth with a year-on-year increase of 2.29% in 2022 and 2.22% in 2023. The compound annual growth rate (CAGR) over the last five years from 2019 to 2023 stands at 3.03%.
Looking ahead, the forecast from 2024 onwards suggests moderate but stable growth. By 2028, production is expected to increase to 56.13 billion Euros, with a forecasted 5-year CAGR of 1.59%, indicating a total growth rate of 8.21% over five years.
Future trends to watch for:
- Impact of new infrastructure policies and investments
- Adoption of sustainable and green technologies in civil engineering
- Effects of economic fluctuations and global market conditions
