Metallurgy / Chemicals / Rubber & Plastics

According to a preliminary estimate by the European Federation of the Parquet industry (FEP), the European wood flooring market in 2020 will benefit from floor renovation and increased sales of solid wood flooring. Under the influence of the new crown epidemic, the total volume will remain stable. FEP is an organization that mainly produces solid wood flooring and solid wood composite flooring (the thickness of the surface veneer is more than 2.5 mm). This estimate is based on the results of the survey of representatives of various members at the organization's recent online meeting.

Austria, Sweden, Switzerland and Spain, the wood flooring market performed well in the second half of 2020, which has fully or partially made up for the contraction from March to April 2020. For Germany, Europe's largest wood flooring market, due to the promotion of renovation projects, its wood flooring consumption has further increased. In France and Italy, although the summer market performed well and the renovation rate was high, they still could not make up for the losses during the spring blockade, and it is estimated that the overall decline will be.

FEP stated that although the potential impact of the third wave of COVID-19 is still uncertain, the COVID-19 has already affected people’s living habits and other changes. It seems that not only the European authorities have recognized that wood and wood products are reducing carbon dioxide in response to climate change. The positive role played by the end consumers, and the end consumers also recognize this. The home improvement focuses on natural products, and the increase in sales of solid wood flooring and solid wood composite flooring is also benefiting from this.