Europe Flooring Market Size & Outlook, 2023-2030
Europe flooring market, 2018-2030 (US$M)
Related Markets
Europe flooring market highlights
- The Europe flooring market generated a revenue of USD 60,152.9 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 60,152.9 million |
| Market revenue in 2030 | USD 88,717.4 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | Mohawk Industries Inc, Tarkett SA, Forbo Holding AG, Interface Inc, James Halstead PLC, Atlas Copco AB ADR |
Other key industry trends
- In terms of revenue, Europe region accounted for 38.2% of the global flooring market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 88,717.4 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe flooring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flooring market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 51.55% in 2023. Horizon Databook has segmented the Europe flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for luxury housing in European countries is one of the key drivers of the flooring market. Nearly all mid-sized and large cities, such as Lisbon, Porto, Paris, Berlin, Frankfurt, Milan, and Madrid, are witnessing an increase in luxury real estate investment. For example, Telhal 72 Liberdade, a luxury housing project, is under development in Lisbon.
This urban regeneration project comprises 16 flats spread over six floors. Furthermore, the renovation of dwellings in Europe is anticipated to create numerous opportunities for flooring vendors. As per the European Parliament report, over 90% of the buildings in Europe were built before 1990 and over 40% of the buildings were built before 1960.
Thus, several buildings require renovation and reconstruction. The Northern and Western European regions have more old residential buildings compared to other regions. As per the same report, there is a requirement of USD 1.12 trillion for building renovation in Europe. These factors are projected to augment the demand for flooring products.
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Our clientele includes a mix of flooring market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe flooring market , including forecasts for subscribers. This continent databook contains high-level insights into Europe flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe flooring market size, by country, 2018-2030 (US$M)
Europe Flooring Market Outlook Share, 2023 & 2030 (US$M)
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