European parquet flooring consumption expands by 5.8% in 202127 January 2022
FEP – the European Federation of the Parquet industry - estimates the overall consumption figures on the European parquet flooring market for the year 2021 significantly increased by 5.8%, compared to 2020.
FEP says this evaluation should be seen as a preliminary forecast and is the result of best estimates discussed with member country representatives at the recent FEP Board meeting held online. Complete data will be communicated in June during its General Assembly in Hamburg.
The federation represents companies who manufacture either solid wood flooring or engineered wood flooring with a top timber wear layer of over 2.5mm in thickness.
Consumption of parquet has increased on all European markets especially during the first quarter of 2021, when compared to the same period in 2020.
During the rest of the year, demand continued to grow but at a slower pace as consumers restarted to dedicate their spendings to areas such as leisure and travels.
But FEP says that renovation, and adaptation of homes to “post-covid-19” life, remains the driver of the parquet consumption growth.
As usual, the results show variations from country to country, also reflecting the evolution of the pandemic and the related governmental measures in the different member states in 2021 and 2020.
Countries such as France and Italy, which were not able to offset the loss experienced during the spring 2020 lockdown and reported declines in parquet consumption for the year 2020 as a whole, are showing the largest increases in parquet consumption in 2021 compared to 2020.
On the other hand, countries which totally, or partially, compensated, during the second half of 2020, generally report lower but still sustained increasing rates. This is the case for Austria, Germany, Scandinavia and Spain while the Swiss parquet market shows a significantly higher progression rate.
“All Member States are now back or even beyond consumption levels of 2019 and demand is continuing to progress,” FEP said.
“However, it is sometimes difficult to fulfil orders on time as the issue of raw material supply - availability & affordability - remains acute. Supply of glues, lacquers… and now staggering energy costs are also hampering the positive evolution on the European parquet markets.”
The FEP’s 66th General Assembly and 46th Parquet Congress are scheduled on June 9 & 10, 2022 in Hamburg, Germany.