The market for assembled parquet floors in Poland has shown considerable fluctuations over the past decade, with an evident growth pattern despite some significant dips. The turnover in 2023 stood at 558.2 million euros. The period from 2013 to 2018 saw moderate growth, with a marked surge in 2019 followed by a sharp decline in 2020. Recovery efforts were evident in subsequent years, with turnover steadily increasing from 2021 onwards. Notably, the year-on-year growth for 2023 was 13.96%, while the average CAGR over the last five years was 8.66%.
Future projections suggest a continued upward trend with a forecasted CAGR of 3.45% from 2024 to 2028, reflecting a cumulative growth rate of 18.48% over these five years. This indicates a stabilizing market with modest but consistent growth.
Future trends to watch for include:
- Technological advancements in flooring materials.
- Shifts in consumer preferences towards sustainable and eco-friendly products.
- Economic factors influencing residential and commercial construction activities.
- Potential market disruptions due to global economic conditions or supply chain issues.
