Europe Flooring Materials Market
Europe Flooring Materials Market - By Type (Soft Covering, Resilient, Non-Resilient); By Material (Carpets, Tiles, Vinyl and Rubber, Wood); By Application (Healthcare, Education, Hospitality, Retail, Sports); By Country (Germany, UK, Italy, France, Spain, Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: February 2023
- Report ID: BWC23139
- Available Format: PDF
- Page: 240
Report Overview
Increasing health and environmental issues and growing population and rapid urbanization are projected to propel the expansion of Europe flooring materials market during forecast period between 2023 and 2029
Europe Flooring Materials Market - Industry Trends & Forecast Report, 2029
Europe flooring materials market size was estimated at USD 224.12 billion in 2022. During the forecast period between 2023 and 2029, the size of Europe flooring materials market is projected to grow at CAGR of 7.17% reaching a value of USD 362 billion by 2029. Major growth drivers for Europe flooring materials market include increasing disposable income, rising residential real estate, and growing demand for luxury flooring options. Consumers are spending more on home furnishings such as carpets, rugs, and other floor coverings that add to the aesthetic appeal of interiors, as there is a rising trend of spending on the styling and interiors of living spaces. The European flooring materials market consumes approximately 3 billion square meters each year, with ceramics accounting for 34%, carpets 34%, laminate 15%, and vinyl roughly 10%. Despite severe controls on materials such as PVC and other laminated flooring coverings that emit VOCs, Europe is an appealing place for the flooring sector.
Europe Flooring Materials Market– Overview
Flooring is the method of providing structural strength, covering the floor with any finishing materials, and producing a walkable environment. Conventional flooring materials include wood, ceramic, terrazzo, and resilient flooring. Rugs and carpet are also provided. Flooring materials are features in residential and commercial buildings that manage landscape attributes for a pleasant visual aesthetic appearance and provide support to the infrastructures within a building. Tiles, stone, wood, concrete, gypsum, mosaic, glass, brick, carpets, rugs, rubber, linoleum, vinyl, and many other materials can be used for flooring. Hardwood floors, particularly solid wood floors, can be polished to highlight the beauty of the wood grain and are generally durable. Stone floors are both gorgeous and durable, and are often constructed of limestone, slate, marble, or flagstone. Carpets, rugs, and other floor coverings that add to the aesthetic appeal of rooms are becoming increasingly popular among consumers. In terms of interior décor, the transformation is supported by increasing consumer income levels, changing lifestyles, and acceptance of other cultures, all of which have resulted in a growing consumer interest in the interior decoration of their homes and workplaces. Increased consumer awareness of high-quality flooring, as well as the introduction of high-end flooring in new shapes and patterns, are expected to generate profitable market opportunities.
Europe Flooring Materials Market
Growth Drivers
Increasing Demand for Flooring Materials from Residential and Commercial Remodeling and Renovation Projects
The increasing activities of residential and commercial remodeling and renovation is expected to boost the product demand. Many individuals nowadays employ renovation and remodeling procedures as excellent choices for interior design and changing the appearance and structure of buildings. Increased consumer spending on interior design will drive up demand for remodeling and renovation. Because of their long-lasting and cost-effective features that keep structures up to date, the use of these goods for remodeling and renovation is expanding. Furthermore, increased government spending to upgrade public recreational places, hospitals, schools, and transportation systems will drive demand for these products. As a result, these factors will contribute to market expansion throughout the forecast period.
Countrywide Massive Urban Redevelopment & Recovery Projects in Türkiye and Ukraine
Major companies in Europe flooring materials market are expected to gain from significant opportunities provided by the massive infrastructure projects in earthquake-hit Türkiye and war-ravaged Ukraine.
On February 06, 2023, a 7.8-magnitude of earthquake hit Türkiye and Syria, killing tens and thousands of people and severely damaging infrastructure in cities and villages across its fault line. The President of Türkiye announced that the government would engage in a comprehensive construction program to rebuild cities with safety and sustainability. Analysts estimated that the urban redevelopment across Türkiye post the earthquake would provide huge opportunities for the construction and related industries in total investment of more than USD 250 billion.
In Ukraine, Russia’s war in the country has been continuing for more than a year now. Consequently, infrastructure across Ukraine has been severely damaged. In September 2022, Ukraine government, the European Commission, and the World Bank, along with their partners estimated the cost of Ukraine’s reconstruction and recovery would be about USD 350 billion. As the war continues, the cost is anticipated to escalate.
Massive redevelopment and recovery projects in Türkiye and Ukraine are expected to provide lucrative growth opportunities for construction and supplementary industries. It, in turn, is projected to aid the growth of Europe flooring materials market during the forecast period between 2023 and 2029 and beyond.
Restraints
Environmental Concerns
Many flooring solutions, including vinyl, carpeting, ceramics, and others, contain hazardous substances. The manufacture of harmful chemical-containing floors can be a major cause of indoor air pollution. Air pollution is becoming the world's most serious environmental health issue, according to reports. According to the World Health Organization (WHO), breathing polluted air kills approximately 7 million people each year. Vinyl is a petroleum-based synthetic commodity made from PVC resin and various additives such as plasticizers, stabilizers, and other potentially toxic chemicals. Vinyl flooring processing is harmful to the environment since the chemicals used are toxic and contribute to indoor air pollution. Furthermore, ceramic tile manufacturing practices, from raw materials to completed products, pose several environmental risks to the planet and humans.
Impact of COVID-19 on Europe Flooring Materials Market
COVID-19 had a detrimental impact on the flooring materials market, infrastructure development as well as the European economy. The international community is still dealing with the sudden disruption of critical infrastructure and industry. The global economy deteriorated in 2020, and the trend continued in 2021. The pandemic wreaked havoc on European indoor flooring companies and supplies. Market participants encountered operational interruptions that lasted until mid-2021. Factory closures, trade bans, and border closures all harmed Europe's flooring business. However, the market resumed towards the end of 2021 and is likely to gain traction during the forecast period.
Europe Flooring Materials Market
Segmental Coverage
Europe Flooring Materials Market – By Type
By type, Europe flooring materials market is divided into Soft Covering, Resilient, and Non-Resilient segments. The resilient segment is expected to dominate the Europe flooring materials market during the forecast period due to the growing popularity of luxury vinyl tile flooring. Its unique features make it suitable for both residential and commercial uses. It fits designers' creative needs while also being exceptionally durable and sustainable. Manufacturers are launching LVTs in Europe with a diverse range of decors and shapes, a variety of installation methods, the option of non-glued installation, modularity, and renovation aided by the prospect of substituting each individually damaged plank/slab. Manufacturers are differentiating their goods through performance features as the LVT market matures. Surface finishing innovations are giving consumers with increased scratch and stain resistance.
Europe Flooring Materials Market – By Material
Based on material, Europe flooring materials market is divided into Carpets, Tiles, Vinyl and Rubber, and Wood segment. The carpets segment held the highest market share in 2022. Carpets and rugs are employed for their aesthetic and utilitarian qualities, as well as to cover the flooring, enhancing the overall appeal of a home or workplace décor. Rugs and carpets add a layer of protection to flooring. Carpet and rug demand was higher in industrialized economies. This trend has shifted in recent years, with an increasing proportion of customers spending more money on making cosmetic changes to their homes and offices. Carpets and rugs are made from materials such as nylon, polyester, and polypropylene. Nylon carpets are extremely strong, making them ideal for areas with heavy foot activity, such as industrial and commercial carpeting.
Europe Flooring Materials Market – By Application
Based on application, Europe flooring materials market is segmented into Healthcare, Education, Hospitality, Retail, and Sports.
Europe Flooring Materials Market – By Country
Europe flooring materials market covers major countries: Germany, UK, Italy, France, Spain, Netherlands, and Rest of Europe. Germany dominates the flooring materials industry since the country's production and consumption of floor base material is expanding. Because of the country's increasing need for high quality and sturdy floor foundation materials, Germany is predicted to develop at the fastest rate during the forecast period of 2023 to 2029. Due to the ease of production of floor base goods, Germany is leading the expansion of the European market. France dominates the market due to increased use of floor base material in the production of concrete bases, but the United States dominates due to increased demand for strong metal bases in the country.
Competitive Landscape
Major players operating in Europe flooring materials market include Mohawk Industries, Tarkett, Armstrong Flooring, Gerflor, Forbo, Interface, Quick-Step, Parador, Kährs, and Egger. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Germany, UK, Italy, France, Spain, The Netherlands, Rest of Europe |
Product/ Service Segmentation |
Type, Material, Application, Country |
Key Players |
Mohawk Industries, Tarkett, Armstrong Flooring, Gerflor, Forbo, Interface, Quick-Step, Parador, Kährs, Egger |
By Type
-
Soft Covering
-
Resilient
-
Non-Resilient
By Material
-
Carpets
-
Tiles
-
Vinyl & Rubber
-
Wood
By Application
-
Healthcare
-
Education
-
Hospitality
-
Retail
-
Sports
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
Netherlands
-
Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Flooring Materials Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increase in the Health and Environmental Issues
- Growing Population and Rapid Urbanization
- Restraints
- High Cost of Products
- Opportunities
- Growing Disposable Income
- Challenges
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Flooring Materials Market Overview
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- Soft Covering
- Resilient
- Non-Resilient
- Others
- By Material
- Carpets
- Tiles
- Vinyl & Rubber
- Wood and
- Other
- By Application
- Healthcare
- Education
- Hospitality
- Retail
- Sports
- By Country
- Germany
- UK
- Italy
- France
- Spain
- The Netherlands
- Rest of Europe
- By Type
- Market Type & Forecast, 2019–2029
- Germany Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- UK Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- Italy Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- France Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- Spain Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- The Netherlands Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- Rest of Europe Flooring Materials Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Material
- By Application
- Market Type & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Flooring Materials Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Europe Flooring Materials Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Mohawk Industries
- Tarkett
- Armstrong Flooring
- Gerflor
- Forbo
- Interface
- Quick-Step
- Parador
- Kährs
- Egger
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Europe Flooring Materials Segmentation
Figure 2 Europe Flooring Materials Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Europe Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 5 Europe Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 6 Europe Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 7 Europe Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 8 Europe Flooring Materials Market Share, By Country, By Value, 2019–2029
Figure 9 Germany Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 10 Germany Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 11 Germany Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 12 Germany Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 13 UK Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 14 UK Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 15 UK Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 16 UK Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 17 Italy Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 18 Italy Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 19 Italy Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 20 Italy Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 21 France Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 22 France Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 23 France Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 24 France Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 25 Spain Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 26 Spain Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 27 Spain Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 28 Spain Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 29 The Netherlands Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 30 The Netherlands Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 31 The Netherlands Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 32 The Netherlands Flooring Materials Market Share, By Application, By Value, 2019–2029
Figure 33 Rest of Europe Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Figure 34 Rest of Europe Flooring Materials Market Share, By Type, By Value, 2019–2029
Figure 35 Rest of Europe Flooring Materials Market Share, By Material, By Value, 2019–2029
Figure 36 Rest of Europe Flooring Materials Market Share, By Application, By Value, 2019–2029
List of Tables
Table 1 Europe Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 2 Europe Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 3 Europe Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 4 Europe Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 5 Europe Flooring Materials Market Size, By Country, By Value, 2019–2029
Table 6 Germany Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 7 Germany Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 8 Germany Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 9 Germany Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 10 UK Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 11 UK Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 12 UK Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 13 UK Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 14 Italy Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 15 Italy Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 16 Italy Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 17 Italy Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 18 France Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 19 France Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 20 France Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 21 France Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 22 Spain Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 23 Spain Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 24 Spain Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 25 Spain Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 26 The Netherlands Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 27 The Netherlands Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 28 The Netherlands Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 29 The Netherlands Flooring Materials Market Size, By Application, By Value, 2019–2029
Table 30 Rest of Europe Flooring Materials Market Size, By Value (USD Billion), 2019–2029
Table 31 Rest of Europe Flooring Materials Market Size, By Type, By Value, 2019–2029
Table 32 Rest of Europe Flooring Materials Market Size, By Material, By Value, 2019–2029
Table 33 Caterpillar Company Overview
Table 34 Caterpillar Financial Overview
Table 35 CNH Industrial N.V. Company Overview
Table 36 CNH Industrial N.V. Financial Overview
Table 37 Doosan Corporation Company Overview
Table 38 Doosan Corporation Financial Overview
Table 39 Escorts Limited Company Overview
Table 40 Escorts Limited Financial Overview
Table 41 Hitachi Construction Machinery Co., Ltd. Company Overview
Table 42 Hitachi Construction Machinery Co., Ltd. Financial Overview
Table 43 Hyundai Construction Equipment Co., Ltd. Company Overview
Table 44 Hyundai Construction Equipment Co., Ltd. Financial Overview
Table 45 J C Bamford Excavators Ltd. Company Overview
Table 46 J C Bamford Excavators Ltd. Financial Overview
Table 47 Deere & Company. Company Overview
Table 48 Deere & Company. Financial Overview
Table 49 Kobelco Construction Machinery Co., Ltd. Company Overview
Table 50 Kobelco Construction Machinery Co., Ltd. Financial Overview
Table 51 Komatsu Ltd. Company Overview
Table 52 Komatsu Ltd. Financial Overview
Market Segmentation
By Type
-
Soft Covering
-
Resilient
-
Non-Resilient
By Material
-
Carpets
-
Tiles
-
Vinyl & Rubber
-
Wood
By Application
-
Healthcare
-
Education
-
Hospitality
-
Retail
-
Sports
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
Netherlands
-
Rest of Europe
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