In 2023, Germany led the European turnover of floor and wall covering with 16.8 billion Euros, showing a 4.07% increase year-on-year. France followed at 5.21 billion Euros but saw a decline of -1.06%. The United Kingdom and Sweden reported turnovers of 3.47 billion Euros and 1.91 billion Euros respectively, with minor positive changes. Several smaller markets, like Romania (9.38%), Bulgaria (9.44%), and Bosnia and Herzegovina (10.02%), experienced significant year-on-year growth. Conversely, Spain and Italy saw notable downturns of -5.03% and -4.42%.
Future trends to watch include continued growth in emerging markets such as Romania, Croatia, and Serbia, which have shown strong gains. Additionally, given the economic fluctuations, markets like Spain and Italy need to monitor for potential recovery opportunities. Sustainability and technological advancements in flooring and wall coverings may also drive future turnover.
Top countries in Turnover of Floor and Wall Covering by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,800 | 2023 | +4.27% | +4.07% | View data |
| 2 | 2 France | 5,210 | 2023 | -1.49% | -1.06% | View data |
| 3 | 3 United Kingdom | 3,470 | 2023 | +0.45% | +0.46% | View data |
| 4 | 4 Sweden | 1,910 | 2023 | +3.09% | +2.88% | View data |
| 5 | 5 Austria | 1,860 | 2023 | +1.74% | +1.62% | View data |
| 6 | 6 Italy | 1,800 | 2023 | -4.75% | -4.42% | View data |
| 7 | 7 Spain | 1,330 | 2023 | -8.48% | -5.03% | View data |
| 8 | 8 Belgium | 1,280 | 2023 | +0.84% | -0.92% | View data |
| 9 | 9 Poland | 1,270 | 2023 | +2.68% | +5.13% | View data |
| 10 | 10 Denmark | 632 | 2023 | +2.22% | +1.92% | View data |