In 2023, Poland led the European market for wood assembled parquet panels not for mosaic floors with the highest share, followed by Austria and Italy. Notably, Italy and Bulgaria showed significant year-on-year growth of 11.77% and 11.18% respectively, indicating a strong performance. In contrast, Slovakia and Belgium faced substantial declines. The five-year CAGR suggests steady growth across the board, with notable expansions in smaller markets such as Estonia and Bulgaria.
Looking ahead to 2024, key trends include:
- Continued growth in Eastern European countries, particularly Poland, Lithuania, and Bulgaria, driven by increasing regional demand and production capabilities.
- Potential challenges for Western European countries like Germany and Spain, which may struggle with competitive pressures and lower growth rates.
- Monitoring the impact of sustainability trends and regulatory changes on the market, which could drive innovation and redefine competitive advantages.
Top countries in Sold Production of Wood Assembled Parquet Panels Not for Mosaic Floors Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 22.77 | 2023 | +2.31% | +1.17% | View data |
| 2 | 2 Austria | 18.55 | 2021 | +17.82% | View data | |
| 3 | 3 Italy | 16.62 | 2023 | +1.14% | +11.77% | View data |
| 4 | 4 Sweden | 13.11 | 2023 | +1.21% | -0.62% | View data |
| 5 | 5 Germany | 10.99 | 2023 | +1.98% | +4.28% | View data |
| 6 | 6 Lithuania | 9.71 | 2023 | +3.77% | +3.99% | View data |
| 7 | 7 Croatia | 4.83 | 2023 | +2.8% | +2.43% | View data |
| 8 | 8 Spain | 4.77 | 2023 | -2.68% | -2.8% | View data |
| 9 | 9 France | 3.81 | 2023 | -3.15% | -0.73% | View data |
| 10 | 10 Hungary | 2.39 | 2023 | +2.44% | +3.6% | View data |
