The turnover for assembled parquet floors in France has seen significant fluctuations from 2013 to 2023. Starting at 135.9 million Euros in 2013, it reached a peak of 161.0 million Euros in 2014 but subsequently experienced a general decline, dropping to 57.8 million Euros in 2023. This represents an overall decreasing trend with notable year-on-year variations, including a severe drop of 30.11% in 2016 and 32.04% in 2020, followed by modest recoveries. Over the last two years, the year-on-year variations decreased by 8.69% from 2022 to 2023. The five-year CAGR ending in 2023 averaged at -5.2%.
Looking forward from 2024 to 2028, the forecast suggests a continuous decline with an alarming five-year CAGR of -27.67%, leading to a value of just 9.5 million Euros by 2028. This forecasted trend points towards an annual average decrease of approximately 80.21% over the five years.
Future trends to watch for include potential market consolidation, the impact of changing consumer preferences towards sustainable flooring options, and economic factors influencing construction and renovation projects which are key drivers of parquet floor demand.
