The production value of floor and wall covering in Norway is forecasted to steadily increase from 431.8 million Euros in 2024 to 455.1 million Euros in 2028. In 2023, the production value stood at 425.0 million Euros. This steady growth shows an average year-on-year increase of around 1.5%. Over the last two years, the production value has shown a consolidated rise, reinforcing an optimistic market outlook.
Future trends to watch for:
• Technological advancements in eco-friendly and sustainable materials.
• Influence of changing design preferences and home renovation trends.
• Impact of potential economic changes and consumer spending power on the construction and renovation sector.
• Government policies supporting green building practices.
