Report Overview

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

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Europe Flooring Materials Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increase in the Health and Environmental Issues
         2. Growing Population and Rapid Urbanization
      2. Restraints
         1. High Cost of Products
      3. Opportunities
         1. Growing Disposable Income
      4. Challenges
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Europe Flooring Materials Market Overview
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
         1. Soft Covering
         2. Resilient
         3. Non-Resilient
         4. Others
      2. By Material
         1. Carpets
         2. Tiles
         3. Vinyl & Rubber
         4. Wood and
         5. Other
      3. By Application
         1. Healthcare
         2. Education
         3. Hospitality
         4. Retail
         5. Sports
      4. By Country
         1. Germany
         2. UK
         3. Italy
         4. France
         5. Spain
         6. The Netherlands
         7. Rest of Europe
5. Germany Flooring Materials Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Material
      3. By Application
6. UK Flooring Materials Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Material
      3. By Application
7. Italy Flooring Materials Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Material
      3. By Application
8. France Flooring Materials Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Material
      3. By Application
9. Spain Flooring Materials Market
   1. Market Type & Forecast, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Material
      3. By Application
10. The Netherlands Flooring Materials Market
    1. Market Type & Forecast, 2019–2029
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Type
       2. By Material
       3. By Application
11. Rest of Europe Flooring Materials Market
    1. Market Type & Forecast, 2019–2029
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Type
       2. By Material
       3. By Application
12. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Flooring Materials Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Covid-19 on Europe Flooring Materials Market
14. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Mohawk Industries
    2. Tarkett
    3. Armstrong Flooring
    4. Gerflor
    5. Forbo
    6. Interface
    7. Quick-Step
    8. Parador
    9. Kährs
    10. Egger
    11. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
    1.  Qualitative Research
       1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*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