Market Size of Europe Resilient Floor Covering Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 9.10 Billion |
| Market Size (2029) | USD 17.80 Billion |
| CAGR (2024 - 2029) | 7.25 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Resilient Floor Covering Market Analysis
The Europe Resilient Floor Covering Market size is estimated at USD 9.10 billion in 2024, and is expected to reach USD 17.80 billion by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).
The COVID-19 pandemic did affect the construction and manufacturing industry across Europe. But has seen a steady recovery and now is showing pre-covid recovery. The resilient flooring segment is the second-largest segment next to carpet and rugs in the floor covering market sales. The innovative and coordinated system of vinyl, rubber cork, fiberglass, and linoleum all linked together to be a popular choice in residential and commercial applications to deliver better aesthetics and high-performance environments. The properties, such as being available in different colors, shapes, dimensions, and patterns and being scratch-resistant, odor-proof, and water-resistant, make them more durable.
Resilient floor coverings are made with substances that are easy to install and maintain. All these properties make resilient floor coverings a better choice for utilization. Improving technology, and innovation in product design are further driving the market of resilient floor covering. The rapidly expanding construction industry and increasing government spending on infrastructure projects are anticipated to drive the market further. The commercial segment of the market, especially the growing hospitality industry, is grabbing a high share of the market and is anticipated to continue the same in the forecast period.
