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RELEASED: OCTOBER 2005
After researching the French construction market development and taking into account various other factors the following conclusions can be drawn from MBD's report:
MARKET REVIEW 2000-2004:
France still accounts for the second largest proportion of the European construction market, with an estimated 14% of the total value in 2004.
The French market showed significant growth at the turn of the century, increasing by as much as 11% during 2000. A further rise of some 5% was recorded in 2001, however, a slight contraction in both 2002 and 2003 resulted in the value of the French market to decline to a level of £92.5 billion in 2003. A marginal increase is estimated to have occurred during 2004, bringing the overall value of the French construction market to just under £93 billion
MARKET FORECAST 2005-2009:
The French construction market is expected to maintain a steady 14% share of European output throughout the forecast period to 2009, developing broadly in line with general European trends in the construction market. Real term growth is anticipated to be one of the highest in the Western Europe (albeit only slightly stronger than many other markets), although a marginal real reduction is expected to occur at the beginning of the forecast period.
Annual growth in the French construction market in the forecast period to 2009 is likely to remain relatively low at between 1% and 2% in real terms during the period
NOTE TO EDITORS:
MBD specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.
Click here for full details of the French Construction Market Research Report
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