In 2023, the actual production of oak blocks, strips, or friezes for parquet or wood block flooring in France was not explicitly stated. However, based on projected forecasts, production is expected to incrementally increase from 2.0035 million square meters in 2024 to 2.0055 million square meters in 2028. The forecast shows a trend of marginal growth, with an overall 0.10% year-on-year increase. The forecasted compound annual growth rate (CAGR) for the period 2024-2028 suggests a stable, albeit slight, upward trajectory in production.
Future trends to watch:
- Potential impacts of sustainability initiatives and regulations on oak sourcing and flooring production practices.
- Technological advancements in flooring production and their effect on efficiency and output.
- Market demand fluctuations driven by construction and renovation trends in residential and commercial sectors.