From 2013 to 2023, the sold production of assembled parquet floors in France experienced significant fluctuations, peaking in 2014 with a 21.3% year-on-year rise but facing a steady decline onwards with few brief recoveries. By 2023, the category stood at 63.583 million euros, reflecting a 7.38% decrease from the previous year. Over the last two years (2022 and 2023), the market contracted by about 17.61%, and the last five years witnessed a CAGR of -3.11%. Future forecasts suggest a continuing downtrend, with an estimated 33.43% decline by 2028, giving a negative CAGR of -7.82% for the next five years.
Future trends to watch for include:
- Market's response to environmental regulations promoting sustainable materials.
- Technological advancements in flooring materials potentially affecting traditional parquet demand.
- Shifts in consumer preferences towards cost-effective and durable flooring solutions.
- Economic factors impacting construction and renovation investments in France.