The polypropylene market in France exhibited fluctuations from 2013 to 2023, starting at 1.8813 billion Euros in 2013, peaking at 1.9456 billion Euros in 2014, and subsequently experiencing a general decline to 1.5912 billion Euros in 2023. The market has seen an overall decreasing trend, with a negative compound annual growth rate (CAGR) of -2.15% from 2018 to 2023.
Considering year-on-year variations, significant declines occurred in 2015, 2018, and 2019, whereas recovery periods were noticeable in 2016, 2020, and 2021. The most substantial drop was in 2019 with a -15.96% decrease, while a slight recovery was achieved between 2020 and 2022.
Looking ahead to 2028, the market forecast predicts a continuous decline with a negative CAGR of -1.5% over the next five years, estimating a market size of 1.448 billion Euros by 2028. Notable factors to monitor include the impact of alternative materials, environmental regulations, and advancements in recycling technology on the demand for polypropylene.
