In 2023, Germany led the European floor and wall covering market with €42.89 million in turnover, showing a 4.07% increase year-on-year. France and the UK followed, with turnover values of €13.3 million and €8.86 million, reflecting year-on-year changes of -1.06% and 0.46%, respectively. Notable increases occurred in Poland (+5.13%), Portugal (+5.28%), and Hungary (+5.17%). In contrast, Spain and Italy faced declines of -5.03% and -4.42%, respectively. Over the past five years, diverse growth rates have been observed across countries, with Romania, Croatia, and Serbia showing significant trends in growth.
Future trends to watch include:
- Further market consolidation in major economies like Germany and France as sustainability and innovation drive demand.
- Eastern European markets, such as Romania and Bulgaria, could gain traction due to economic growth and increasing investments in infrastructure.
- Risks related to economic uncertainties and geopolitical tensions potentially affecting market dynamics and consumer spending patterns.
Top countries in Turnover of Floor and Wall Covering Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 42.89 | 2023 | +4.27% | +4.07% | View data |
| 2 | 2 France | 13.3 | 2023 | -1.49% | -1.06% | View data |
| 3 | 3 United Kingdom | 8.86 | 2023 | +0.45% | +0.46% | View data |
| 4 | 4 Sweden | 4.88 | 2023 | +3.09% | +2.88% | View data |
| 5 | 5 Austria | 4.75 | 2023 | +1.74% | +1.62% | View data |
| 6 | 6 Italy | 4.6 | 2023 | -4.75% | -4.42% | View data |
| 7 | 7 Spain | 3.39 | 2023 | -8.48% | -5.03% | View data |
| 8 | 8 Belgium | 3.27 | 2023 | +0.84% | -0.92% | View data |
| 9 | 9 Poland | 3.25 | 2023 | +2.68% | +5.13% | View data |
| 10 | 10 Denmark | 1.61 | 2023 | +2.22% | +1.92% | View data |
