The Europe flooring market is expected to grow from US$ 75.48 million in 2022 to US$ 108.52 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2022 to 2028.
Rise in demand for loose lay flooring and introduction of aqua+ technology in the laminate flooring segment are likely to provide growth opportunities to the market. Manufacturers such as Aqua flooring, Kronotex, Senhong, and Egger provide laminate flooring, adhesives, and plasticizers, including waterproofing technology, making the ideal choice for kitchens, bathrooms, hallways, and commercial areas. These manufacturers have developed patented waterproof acoustic flooring adhesive that offers a new standard in unlimited moisture resistance. Additionally, the demand for flooring with interlocking mechanisms for laying and self-adhesive application, which enhance ease of installation and provide a do-it-yourself solution, is expected to fuel the market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe flooring market. The Europe flooring market is expected to grow at a good CAGR during the forecast period.
Europe Flooring Market Revenue and Forecast to 2028 (US$ Million)
Europe Flooring Market Segmentation
The Europe flooring market is segmented based on product type, material, application, and country. Based on product type, the Europe flooring market is divided into resilient flooring, non-resilient flooring, and soft cover & others. The non-resilient flooring cruise dominated the Europe flooring market in 2022. Based on material, the Europe flooring market is categorized into carpets and rugs, wood, laminates, vinyl sheets and tiles [homogeneous and heterogeneous, LVT and VCT, and others], ceramic tiles, and stone & others. The ceramic tiles segment dominated the Europe flooring market in 2022. Based on application, the Europe flooring market is categorized into residential and non-residential. The non-residential segment dominated the Europe flooring market in 2022. Based on country, the Europe flooring market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe would dominate the Europe flooring market in 2022.
Key players operating in the Europe flooring market include Mohawk Flooring; Shaw Industries Group, Inc.; Tarkett; Forbo International SA; Gerflor; Interface, Inc.; Beaulieu International Group; Toil Corporation; and Milliken by Altair.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 75.48 Million |
| Market Size by 2028 | US$ 108.52 Million |
| CAGR (2022 - 2028) | 6.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Flooring Market is valued at US$ 75.48 Million in 2022, it is projected to reach US$ 108.52 Million by 2028.
As per our report Europe Flooring Market, the market size is valued at US$ 75.48 Million in 2022, projecting it to reach US$ 108.52 Million by 2028. This translates to a CAGR of approximately 6.2% during the forecast period.
The Europe Flooring Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Flooring Market report:
The Europe Flooring Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Flooring Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Flooring Market value chain can benefit from the information contained in a comprehensive market report.
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