In 2023, the production value of assembled parquet floors in France stood at 64.4 million Euros. The forecasted data indicates a consistent decline year-on-year from 2024 to 2028. Specifically, production values are expected to drop by 12.6% in 2025, 14.4% in 2026, 16.6% in 2027, and finally, 19.9% in 2028. Over the entire forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately -15.0%, suggesting a significant annual reduction in production values.
Future trends to watch for:
- Emerging demand for sustainable flooring solutions.
- Technological advancements in manufacturing processes.
- Impact of economic policies on the construction industry.
- Shifts in consumer preferences towards alternative flooring materials.