Parquet market in Europe begins to stabilise after previous downturn
After a difficult year 2023 which was characterised by a dramatic fall in consumption, the market seems to have reached the bottom in 2024. However, the European parquet consumption continued to decrease but at a slowing pace, reflecting the still subdued construction activity and increased pressure from Chinese imports. As consumers’ purchasing power has been hit, cheaper alternatives such as fake wood floorings have been more frequently considered as well as unfairly-priced parquet from Chinese origin. In view of a potential then formally confirmed, as of 25 October 2024, registration of imports, increased flows of multilayer ...
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