Recovery of the European wood flooring market driven by renovation

Recovery of the European wood flooring market driven by renovation
The south of Europe which had experienced the toughest restriction measures during spring had been harshly hit but its parquet markets have also significantly recovered during the summer, before slowing down a bit in September.    The main driver of the recovery is renovation, especially residential renovation as the consumers are investing in their homes. On the other hand, new projects and contract business are challenging.    The Board of Directors of FEP - the European Federation of the Parquet Industry - met virtually on 8 October 2020 and discussed, amongst others, the wood flooring situation ...

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