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Paris City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

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    Country Profile

  • 38 Pages
  • February 2024
  • Region: Global
  • MarketLine
  • ID: 5960452
“City Profile - Paris” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Paris.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Paris metropolitan region also referred to as Ile De France or Paris region is the most densely built metropolitan region in France. It has a significant economic and financial influence, accounting for around 30.7% of national GDP in 2023.In 2023, the metropolitan area's economy grew by 0.9% in real terms, down from 2.6% in 2022, due to factors like inflation, rising interest rates, and COVID-19 debt repayment. Despite challenges, employment improved, and tourism rebounded in Île-de-France region. Businesses displayed resilience, with recruitment easing and sectors like industry and services experiencing notable growth, with major drivers being accommodation, catering, transportation, and manufacturing

Scope

  • The service sector remains the key contributor to the regional economy - and the major employer in 2023
  • In 2023, the Paris construction sector grew by 5.9%, contributing EUR31.9 billion ($34.5 billion) to the GVA. However, factors like high interest rates and reduced investor trust led to a slowdown. Looking ahead to 2024-2030, the sector is forecasted to grow by 3.5% annually, reaching EUR40.6 billion ($43.9 billion) in GVA by 2030. Job losses are expected, but government initiatives for the 2024 Olympic and Paralympic Games and investments in renewable energy aim to support non-residential construction and overall industry growth

Reasons to Buy

  • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
  • Analyze and understand the business environment in the city to align your investment and expansion strategies.
  • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
  • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot
2. PEST Analysis
2.1 Political
2.2 Economic
2.3 Social
3. Technology and Infrastructure
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
3.5 Port
4. Business Environment Analysis
5. Travel and Tourism
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. Construction and Real Estate
6.1 Investment
6.2 Real Estate Market
7. Retail
7.1 Retail Market
7.2 Consumption, Income and Prices
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List of Tables
Table 1: Paris metropolitan area - key facts (estimates), 2023
Table 2: Paris metropolitan area- real GDP and real GDP growth, 2000-30 10
Table 3: Paris metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Table 4: Paris metropolitan area- GDP per capita comparison, 2000-30 ($)
Table 5: Paris metropolitan area- employment structure, 2000-30 (% of total)
Table 6: Paris metropolitan area - main universities, 2023
Table 7: Paris metropolitan area- population comparison, 2000-30 (million)
Table 8: Paris metropolitan area- population by age, 2000-30 (% of total)
Table 9: Paris metropolitan area - mass transit network indicators, 2023
Table 10: Paris metropolitan area - key airport indicators, passenger movement 2018-23 (number)
Table 11: Paris metropolitan area - key airport indicators, aircraft movements 2018-23 (number)
Table 12: Paris metropolitan area - tourists’ arrivals, 2019-22 (number)
Table 13: Paris metropolitan area - hotel nights, 2019-22 (number)
Table 14: Paris metropolitan area - hotel KPIs, 2019-22 (number)
Table 15: Paris metropolitan area - UNESCO World Heritage sites
Table 16: Paris metropolitan area - MICE and other events
List of Figures
Figure 1: Paris metropolitan area- real GDP and real GDP growth, 2000-30
Figure 2: Paris metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Paris metropolitan area- GDP per capita comparison, 2000-30
Figure 4: Paris metropolitan area- employment structure, 2000-30 (% of total)
Figure 5: Paris metropolitan area- population comparison, 2000-30
Figure 6: Paris metropolitan area- population by age, 2000-30 (% of total)