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France’s Coworking Market Surged 23% in 2024

The number of companies with 500+ employees using coworking spaces in France has grown 50% in just a year.

Emma AscottbyEmma Ascott
March 21, 2025
in News
Reading Time: 1 min read
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France’s Coworking Market Surged 23% in 2024

Paris is seeing some market saturation, with a 22% vacancy rate due to flexible contracts and hybrid work models, but the Central Business District remains a strong spot for coworking.

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France’s coworking market has grown 23% in 2024, reaching 3,420 spaces nationwide, according to Ubiq. While Paris still leads with 37% of the market, regional cities like Bordeaux, Lyon, and Marseille are growing fast, with Bordeaux now surpassing Paris in coworking penetration.

Paris is seeing some market saturation, with a 22% vacancy rate due to flexible contracts and hybrid work models, but the Central Business District remains a strong spot for coworking. 

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Meanwhile, cities like Toulouse and Montpellier are seeing a surge in new coworking spaces, which could help stabilize prices.

Coworking in France was once mainly for startups and freelancers, but now larger corporations are now jumping in. The number of companies with 500+ employees using coworking spaces has grown 50% in just a year.

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The market is mostly controlled by 30 key operators, with the top five holding over half of the space. 

Some brands, like Industrious, have pulled out, and WeWork has cut back by 25%, but overall, the sector is expected to continue growing, especially as more companies look for flexible office solutions. 

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Source: Ubiq
Tags: CoworkingCREeuropeSpace-as-a-Service
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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