Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Product Type (Soft Coverings, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring), By Applications (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC057599 | Publication Date: Feb 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Flooring Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 7.10% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Product Type, By Applications |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Europe Flooring Market report thoroughly covers the market by countries, by product type, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Flooring Market is an evolving industry that plays a decisive role in both residential and commercial sectors across the continent. Over the years, the market has observed steady growth, driven by several growth drivers such as construction demand, sustainability trends, and technological advancements. The Europe flooring market size is significant, with a strong presence in major economies like Germany, the United Kingdom, France, Spain, and Italy. It is characterized by a diverse range of flooring types such as hardwood, vinyl, carpet, and tiles.
According to 6Wresearch, the Europe Flooring Market is estimated to grow massively at a CAGR of 7.10% over the forecast period of 2023-2029. The factors propelling the growth of the Europe flooring market includes booming construction industry, both residential and commercial. With urbanization and population growth, there has been a steady rise in demand for new housing and infrastructure, leading to increased flooring installations. Moreover, the trend toward renovation projects has further boosted the Europe Flooring Market Growth. Additionally, innovations in flooring materials and technology have permitted for more sustainable and visually pleasing options, attracting environmentally conscious consumers to a major extent. However, there are several factors hampering the market expansion. For instance, impact of economic downturns and uncertainties, which can affect the construction industry and, consequently, flooring demand. Moreover, competition among flooring manufacturers and suppliers is another challenge, leading to price wars and margin pressure. Apart from this, several trends are shaping the Europe flooring industry. Sustainable flooring options are gaining traction as consumers become more eco-conscious. This includes the use of recycled materials and the development of energy-efficient flooring solutions. The market also presents abundant opportunities for growth as manufacturers that can provide eco-friendly, energy-efficient flooring solutions stand to benefit. Moreover, as consumer preferences shift toward more premium flooring options, there is huge space for innovation in design and materials to capture this market segment.
The governments have executed stringent environmental regulations regarding flooring materials. These regulations promote sustainable flooring options. The EU's Ecolabel and the Energy Efficiency Directive are examples of such regulations that incentivize the use of energy-efficient and environmentally friendly flooring solutions. Some governments of European countries offer incentives and subsidies to promote energy-efficient flooring materials. These incentives aim to reduce energy consumption in buildings and encourage the use of flooring materials with high insulation properties. Many countries are promoting a circular economy approach, encouraging recycling and reuse of flooring materials.
The COVID-19 pandemic had a significant impact on the Europe Flooring Market Share in several ways. For instance, lockdowns and travel restrictions disrupted global supply chains, leading to delays in the delivery of flooring materials and components. Construction projects of both residential and commercial, were temporarily ceased or delayed due to the pandemic. The pandemic influenced consumer preferences, with an increased focus on hygiene and cleanliness. This led to a surge in demand for flooring materials that are easy to clean and maintain. Major companies in the flooring industry accelerated their digital transformation efforts to cater to remote customer needs. Moreover, the shift to remote work and telecommuting obstructed office spaces. Some companies reduced office space requirements, affecting the commercial flooring segment.
The market for flooring in Europe is highly competitive with the presence of various leading players. Some of them includes;
By Product Type, the resilient flooring segment is set to experience notable growth in the market due to its ability to mimic the look of natural materials like wood or stone while offering enhanced durability and cost-effectiveness.
According to Shivankar, Research Manager, 6Wresearch, the residential segment has experienced constant growth driven by urbanization, population growth, and increased disposable income. Additionally, trends towards home renovations have further boosted the demand for flooring materials in the residential sector.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Flooring Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Flooring Market Revenues & Volume, 2019 & 2029F |
3.3 Europe Flooring Market - Industry Life Cycle |
3.4 Europe Flooring Market - Porter's Five Forces |
3.5 Europe Flooring Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Flooring Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.7 Europe Flooring Market Revenues & Volume Share, By Applications, 2022 & 2029F |
4 Europe Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Flooring Market Trends |
6 Europe Flooring Market, 2019-2029 |
6.1 Europe Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
6.2 Europe Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
7 Germany Flooring Market, 2019-2029 |
7.1 Germany Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
7.2 Germany Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
8 United Kingdom Flooring Market, 2019-2029 |
8.1 United Kingdom Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
8.2 United Kingdom Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
9 France Flooring Market, 2019-2029 |
9.1 France Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
9.2 France Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
10 Italy Flooring Market, 2019-2029 |
10.1 Italy Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
10.2 Italy Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
11 Russia Flooring Market, 2019-2029 |
11.1 Russia Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
11.2 Russia Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
12 Spain Flooring Market, 2019-2029 |
12.1 Spain Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
12.2 Spain Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
13 Rest of Europe Flooring Market, 2019-2029 |
13.1 Rest of Europe Flooring Market, Revenues & Volume, By Product Type, 2019-2029 |
13.2 Rest of Europe Flooring Market, Revenues & Volume, By Applications, 2019-2029 |
14 Europe Flooring Market Key Performance Indicators |
15 Europe Flooring Market - Opportunity Assessment |
15.1 Europe Flooring Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Flooring Market Opportunity Assessment, By Product Type, 2022 & 2029F |
15.3 Europe Flooring Market Opportunity Assessment, By Applications, 2022 & 2029F |
16 Europe Flooring Market - Competitive Landscape |
16.1 Europe Flooring Market Revenue Share, By Companies, 2022 |
16.2 Europe Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |