In 2023, Austria led the European assembled parquet floors market with a turnover of €620.6 million, showing modest growth of 2.81% year-on-year. Poland followed with €558.2 million, experiencing significant growth of 8.66%. Germany was third with €376.8 million and a 2.03% increase. Notably, Hungary and Portugal saw substantial year-on-year growth rates at 22.14% and 20.83%, respectively. Conversely, notable declines were observed in Finland (-40.8%) and the Czech Republic (-39.67%). The five-year CAGR reveals steady growth trends in Austria and Poland but declining trends in countries like Greece and Finland.
Looking ahead, future trends to watch for European assembled parquet floors turnover by country include the potential impact of sustainable and eco-friendly options on market demand, technological advancements in flooring production, and economic factors that could influence construction and renovation activities. Enhanced investment in Eastern European countries could also shift market dynamics.
Top countries in Assembled Parquet Floors Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 620.6 | 2023 | +2.44% | +2.81% | View data |
| 2 | 2 Poland | 558.2 | 2023 | +13.96% | +8.66% | View data |
| 3 | 3 Germany | 376.8 | 2023 | -0.26% | +2.03% | View data |
| 4 | 4 Lithuania | 192 | 2023 | +9.09% | +4.36% | View data |
| 5 | 5 Italy | 169.2 | 2023 | +1.68% | +4.04% | View data |
| 6 | 6 Croatia | 163.6 | 2023 | +9.29% | +8.88% | View data |
| 7 | 7 Spain | 128.2 | 2023 | -1.74% | -6.1% | View data |
| 8 | 8 France | 57.8 | 2023 | -8.69% | -5.2% | View data |
| 9 | 9 Hungary | 53 | 2023 | +11.81% | +22.14% | View data |
| 10 | 10 Romania | 44.1 | 2023 | +8.09% | +1.62% | View data |
