Market Size of Europe Laminate Flooring Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.00 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Laminate Flooring Market Analysis
COVID-19 has influenced the Europe Laminate Flooring Market by straight forwardly influencing Demand and Production for Laminated floors in Europe and by making delay in constrution of Commercial or Residential real estate sector. As there was a huge negative impact on the construction of real estate sector during COVID-19, it directly affected the usage of laminate floorings.
Laminate flooring has been a fashionable option in Europe for more than 20 years. Rising investments in the construction industry, growth in remodeling & renovation activities, and rapid urbanization are documented as the major driving factors to the market. Increasing usage in commercial, as well as residential sector, the prevalence of cost-effective and low maintenance products, surging level of investment for the development of the real estate sector, are some of the factors that will accelerate the growth of the laminate flooring market in the forecast period. Growing urbanization and industrialization will further boost various opportunities that will lead to the growth of the laminate flooring market. The rising population and improving standards of living have led to a rise in the demand for modern housing, which has significantly contributed to the growth of the market.
