France Wood Plastic Composites Market Size & Outlook
France wood plastic composites market, 2018-2030 (US$M)
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France wood plastic composites market highlights
- An overview of the France wood plastic composites market trends heading towards 2030. The market in France generated a revenue of USD 99.1 million in 2021 and is expected to reach USD 267.2 million by 2030.
- The overall growth of the France market from 2021 to 2030. The France market is expected to grow at a CAGR of 11.7% from 2022 to 2030.
- A look at the France market revenues per segment in 2021. In terms of segment, polyethylene was the largest revenue generating product in 2021.
- The segment witnessing the fastest revenue growth within the market. Polypropylene is the most lucrative product segment registering the fastest growth during the forecast period.
Wood plastic composites market data book summary
| Market revenue in 2021 | USD 99.1 million |
| Market revenue in 2030 | USD 267.2 million |
| Growth rate | 11.7% (CAGR from 2021 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polypropylene, Polyvinylchloride |
| Key market players worldwide | Compagnie de Saint-Gobain SA, Fortune Brands Innovations Inc, FKuR, JM Holdings Co Ltd, TAMKO Building Products, Trex Co Inc, UFP Industries Inc, Advanced Environmental Recycling Technologies, Beologic, Polyplank, Timber Tech |
Other key industry trends
- In terms of revenue, France accounted for 1.7% of the global wood plastic composites market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany wood plastic composites market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 418.6 million by 2030.
Polyethylene was the largest segment with a revenue share of 65.09% in 2021. Horizon Databook has segmented the France wood plastic composites market based on polyethylene, polypropylene, polyvinylchloride covering the revenue growth of each sub-segment from 2018 to 2030.
France accounted for 12.3% of the wood plastic composite market in 2023 in terms of revenue in Europe. The wood plastic composite market growth in the country is supported by the presence of well established end-use industries including automotive components, building & construction, and consumer goods.
The presence of some of the largest players in the automotive, aerospace, consumer goods industry including Airbus, Babolat, Bugatti Automobiles S.A.S, and Christian Dior SE is expected to increase the demand of wood plastic composite, thereby adding growth prospects to the market over the forecast period.
Rising demand for wood plastic composites in the manufacturing of interiors of residential and commercial buildings is expected to drive the market growth over the forecast period. The presence of several construction companies in the region is expected to impact the market on a positive note over the forecast period.
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Wood Plastic Composites Market Scope
Wood Plastic Composites Market Companies
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France Wood Plastic Composites Market Outlook Share, 2021 & 2030 (US$M)
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