From 2013 to 2023, the turnover of floor and wall covering in France exhibited fluctuations with overall slight decline. While the market saw minor growth in some years, periods of downturn prevailed, notably an annual decrement since 2020. As of 2023, turnover stood at 5.21 Billion Euros, representing a -1.49% year-on-year reduction with a -1.06% CAGR over the preceding five years.
Future projections from 2024 to 2028 suggest a continuous gradual decline in market volume, with a forecasted 5-year CAGR of -1.21% leading to a total decrease of approximately -5.92% over this period.
Key trends to watch for:
- Shifts in consumer preferences towards sustainable materials which may influence demand.
- Technological advancements in production that could drive efficiency and cost-effectiveness.
- Economic impacts such as potential recessions or booms affecting renovation and construction activity.
