News | IFH Study

Back

German market for floorings shrinks in 2018

German market for floorings shrinks in 2018.

German market for floorings shrinks in 2018.

The German market for floorings was able to enjoy an almost universally positive growth development in the last ten years. But that's over now, writes IFH Köln in its latest study on the flooring market. According to the study, the market in 2018 lost around 1.1 per cent and thus showed a declining tendency for the first time in many years. In Germany in 2018, sales of EUR 7.97 bn were made in textile and non-textile floorings and also tiles.

Closer analysis of the individual product groups reveals that in particular less laminate flooring was purchased, according to the IFH: "Compared to the previous year, laminate flooring made a loss of 7.3 per cent." In contrast however, growth (up 7.5 per cent) was recorded in elastic floorings.

According to the IFH study, "Industry focus floorings - online & offline" shifts are not only identifiable within the product groups. The sales landscape in the market for floorings is also changing. For example the online trade in floorings has been increasing steadily since 2010 and grew in the last eight years by an average of over 15 per cent annually.

The institute concludes that for the industry - in particular for the specialist trade - uncertainty in terms of the continued market development is therefore increasing.




| 1 October 2019

SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

IPM on the modernised exhibition grounds

In 2020, the IPM Essen will be held on the completely modernised exhibition grounds for the first time. Eight large exhibition halls on one level, View news...

Davidsen may now take over Optimera

The Danish building materials trading company Davidsens Tømmerhandel has now officially taken over the Optimera chain in Denmark. The competition View news...

Another fair for hardware and tools in Vietnam

The Vietnamese exhibition company Vinexad continues to commit to staging a hardware fair. For next year it has announced the International Exhibition View news...

New CFO and Chief Transformation Officer at Kingfisher

Kingfisher announces the appointment of Bernard Bot as Chief Financial Officer (CFO). Bot who is Dutch national will take up the role on 21 October View news...