In 2023, Austria led the European market for assembled parquet floors in terms of turnover, followed closely by Poland and Germany. Notable growth drivers included Hungary, which saw a significant increase of over 22%, and Portugal with a growth of over 20%. Conversely, the Czech Republic and Finland experienced the largest downturns, with declines of nearly 40%. Other countries, such as Belgium and Greece, also faced considerable declines. Overall, the Compound Annual Growth Rate over the past five years indicates steady development with certain countries showing sporadic growth spikes.
Future trends to watch include the rising market potential in Central and Eastern European countries, bolstered by their growing construction sectors and urbanization. Sustainability may also influence market dynamics as consumer preference leans towards environmentally-friendly products. The potential impact of economic fluctuations and geopolitical tensions in Europe could also alter market shares. Continuous monitoring of consumer preferences and economic indicators will be crucial for anticipating shifts in the turnover landscape.
Top countries in Assembled Parquet Floors Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 24.39 | 2023 | +2.44% | +2.81% | View data |
| 2 | 2 Poland | 21.93 | 2023 | +13.96% | +8.66% | View data |
| 3 | 3 Germany | 14.81 | 2023 | -0.26% | +2.03% | View data |
| 4 | 4 Lithuania | 7.54 | 2023 | +9.09% | +4.36% | View data |
| 5 | 5 Italy | 6.65 | 2023 | +1.68% | +4.04% | View data |
| 6 | 6 Croatia | 6.43 | 2023 | +9.29% | +8.88% | View data |
| 7 | 7 Spain | 5.04 | 2023 | -1.74% | -6.1% | View data |
| 8 | 8 France | 2.27 | 2023 | -8.69% | -5.2% | View data |
| 9 | 9 Hungary | 2.08 | 2023 | +11.81% | +22.14% | View data |
| 10 | 10 Romania | 1.73 | 2023 | +8.09% | +1.62% | View data |
