Upcoming Trade Shows in France for Electric & Electronics

In 2024, the consumer electronics industry in France is booming, generating a revenue of $22.7 billion. This figure is set to grow at an annual rate of 1.57% (CAGR 2024-2028), signaling a steady upward trajectory for the sector. The largest segment within this market is Telephony, which alone accounts for $8.1 billion in market volume for the year. In France, the per capita revenue stands at $349.60, highlighting the significant consumer investment in electronic devices. Notably, online sales are projected to make up 30.6% of the total revenue in the Consumer Electronics market by the end of 2024. The market volume in France is anticipated to reach 133.4 million pieces by 2028, with a growth rate of 0.8% expected in 2025. On average, each person in France is estimated to own around 2.0 pieces of consumer electronics in 2024. The uptick in demand for smart home devices and wearable technology is particularly noteworthy. However, the consumer electronics industry in France has not been without its challenges, chief among which was the slight contraction in purchasing electronic devices in 2022. The reasons behind this was a combination of an economic slowdown and the market saturation of smartphones. Sky-high inflation rates and increased energy prices further impacted consumer spending, particularly on home entertainment equipment. The result – a 4.4% decline from the previous year, amounting to a total revenue of $987 billion in 2022. Setbacks aside, established companies like Apple, Samsung, Huawei, and Sony continue to dominate the market across various product categories, including smartphones, televisions, home appliances, and gaming consoles. Although these industry giants have maintained a stronghold thanks to their extensive product lines and brand loyalty, the French market is growing increasingly competitive. Xiaomi, for instance, has made significant strides, especially in the smartphone sector.