Strip Parquet Floors

Strip Parquet Floors Market Outlook

The global parquet flooring market was valued at approximately USD 9.5 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2035, reaching around USD 16 billion by 2035. The market is primarily driven by the rising demand for stylish and durable flooring options among homeowners and businesses alike. Increasing urbanization and growing disposable incomes allow consumers to invest in high-quality flooring that combines aesthetic appeal with functionality. Moreover, advancements in manufacturing processes, including sustainable sourcing and the development of innovative materials, have enhanced the quality and variety of parquet flooring available in the market. Additionally, the growing trend of home improvement and renovations, fueled by social media influence, is expected to further boost market growth.

Growth Factor of the Market

One significant growth factor for the parquet flooring market is the rising consumer preference for sustainable and environmentally friendly flooring solutions. With increased awareness regarding climate change and sustainability, many consumers are opting for parquet flooring made from responsibly sourced timber and recyclable materials. This trend is further supported by regulatory frameworks promoting sustainable construction practices. Additionally, the increasing popularity of open-plan living spaces in residential and commercial sectors has elevated the demand for versatile flooring options that can harmonize with various interior designs. The global push towards modernizing infrastructure and upgrading existing facilities has led to a surge in renovations, thereby creating more opportunities for parquet flooring installation. Furthermore, technological innovations in flooring manufacturing, such as improved finishes, moisture resistance, and easy installation methods, are driving consumer interest and expanding market reach.

Key Highlights of the Market

• Growing demand for sustainable and eco-friendly flooring options.
• Technological advancements in manufacturing processes enhancing product quality.
• Increasing urbanization and disposable incomes driving home improvement projects.
• Rising popularity of open-plan living increasing demand for versatile flooring.
• Expansion of online retail channels facilitating easier access to parquet flooring products.

By Product Type

Solid Wood Parquet:

Solid wood parquet floors are crafted from natural hardwood, offering unparalleled durability and a classic aesthetic. These floors are known for their longevity and can be sanded and refinished multiple times, making them a popular choice for high-end residential and commercial spaces. Solid wood parquet is available in various species, including oak, maple, and cherry, each providing unique grain patterns and colors. The warmth and richness of solid wood add value to properties and enhance interior decor. However, they can be more susceptible to moisture and temperature changes compared to engineered options, necessitating proper installation and maintenance to ensure longevity.

Engineered Wood Parquet:

Engineered wood parquet floors consist of a core layer of plywood or high-density fiberboard topped with a veneer of real hardwood. This construction method provides enhanced stability and resistance to warping, making engineered wood a suitable option for areas with fluctuating humidity and temperature. Engineered wood parquet is available in a variety of finishes and styles, combining the beauty of hardwood with improved performance. This type of flooring is particularly popular in residential spaces, where it can be installed over radiant heating systems without compromising integrity. The ability to install engineered wood in basements and other moisture-prone areas further expands its market appeal.

Laminate Parquet:

Laminate parquet floors are composed of a synthetic material that simulates the appearance of natural wood, offering an affordable alternative for budget-conscious consumers. The top layer includes a high-resolution photographic image of wood, protected by a transparent wear layer that provides durability and resistance to scratches and stains. Laminate flooring is easy to install, often featuring a click-lock system, making it a favorite for DIY enthusiasts. Although it lacks the authenticity of solid or engineered wood, advancements in printing technology have led to highly realistic wood grain patterns. This product type is well-suited for high-traffic areas and homes with pets or children, where resilience is a priority.

Vinyl Parquet:

Vinyl parquet flooring has gained popularity due to its versatility, affordability, and moisture resistance. It is composed of polyvinyl chloride (PVC) and can mimic the look of hardwood or other materials, catering to a wide range of aesthetic preferences. Vinyl is particularly advantageous for areas prone to moisture, such as bathrooms and kitchens, where traditional wood options may not perform well. The cushiony texture of vinyl flooring provides comfort underfoot, making it a practical choice for families. With advancements in manufacturing, luxury vinyl tiles (LVT) now offer excellent durability, making them suitable for both residential and commercial applications.

Reclaimed Wood Parquet:

Reclaimed wood parquet floors are made from salvaged wood sourced from old buildings, barns, and other structures, offering a unique and rustic aesthetic. This type of flooring is favored by environmentally conscious consumers who appreciate its history and character. Reclaimed wood not only reduces the demand for new timber but also contributes to sustainable building practices by repurposing existing materials. The individuality of reclaimed wood means that each floor will have its distinct color variations and grain patterns, adding charm to any space. However, the availability of reclaimed wood can be limited, and the installation process may require specialized skills.

By Application

Residential:

The residential application of parquet flooring is one of the primary segments driving market growth. Homeowners are increasingly investing in parquet floors for their aesthetic elegance and longevity, enhancing the overall value of their properties. Parquet flooring in residential spaces provides a warm and inviting atmosphere, making it suitable for various rooms, including living areas, bedrooms, and dining spaces. Consumers look for flooring that can seamlessly integrate into their home decor, and the variety of styles and finishes available in the parquet flooring market allows for personalized choices. Additionally, the rising trend of home renovation and improvement projects has led many homeowners to consider high-quality flooring options as a means to enhance their living spaces.

Commercial:

The commercial application of parquet flooring includes offices, retail spaces, hotels, and restaurants, where aesthetics and durability are crucial. Businesses are increasingly opting for parquet floors due to their ability to withstand high foot traffic while maintaining a sophisticated appearance. Parquet flooring can significantly influence the ambiance of commercial spaces, creating a welcoming environment for customers and employees alike. Furthermore, the durability of parquet flooring, particularly engineered and laminate options, makes them suitable for commercial settings where maintenance and longevity are priorities. The growing trend of sustainable design in commercial spaces is also driving the adoption of eco-friendly parquet flooring solutions, aligning with corporate social responsibility goals.

By Distribution Channel

Online Stores:

Online stores have emerged as a significant distribution channel for parquet flooring, providing consumers with convenient access to a wide range of options. The growth of e-commerce has transformed how customers shop for flooring, allowing them to compare products, read reviews, and make purchases from the comfort of their homes. Online retailers often offer competitive pricing and promotions, making it an attractive choice for budget-conscious consumers. Additionally, the availability of visual tools and augmented reality applications enables customers to visualize how different parquet flooring styles will look in their spaces before making a decision. This convenience and accessibility have contributed to the increasing share of online sales in the parquet flooring market.

Specialty Stores:

Specialty stores that focus on flooring products play a critical role in the distribution of parquet flooring. These retailers often provide personalized customer service and expert guidance, helping consumers navigate the various options available. Specialty stores also typically offer a curated selection of high-quality flooring materials, including premium hardwood and sustainable options. Customers visiting these stores may have the opportunity to see and feel samples of the flooring, which can influence their purchasing decisions. Additionally, specialty stores may offer installation services, creating a one-stop-shop experience for consumers seeking parquet flooring solutions.

Home Improvement Stores:

Home improvement stores are another essential distribution channel for parquet flooring, catering to both DIY enthusiasts and professional contractors. These large retailers provide a wide variety of flooring options, including laminate, engineered, and vinyl parquet, often at competitive prices. Home improvement stores typically feature detailed product displays and knowledgeable staff, guiding consumers through the selection process. Additionally, these stores may offer workshops or demonstrations on flooring installation techniques, empowering customers to undertake renovation projects themselves. The combination of extensive product ranges and accessibility makes home improvement stores a popular choice for parquet flooring purchases.

Direct Sales:

Direct sales channels, including manufacturer showrooms and sales representatives, allow consumers to purchase parquet flooring directly from producers. This approach can result in cost savings for customers, as it eliminates intermediary markups. Direct sales often involve personalized consultations where customers can receive tailored recommendations based on their specific needs and preferences. This model is particularly beneficial for commercial clients seeking large-scale installations, as manufacturers can provide customized solutions and pricing. By offering direct access to products and expertise, this distribution channel fosters strong relationships between manufacturers and consumers, driving brand loyalty and repeat business.

By Installation Type

Glue-down:

Glue-down installation is a widely used method for parquet flooring, particularly for solid hardwood and engineered wood options. This technique involves applying adhesive to the subfloor and then placing the parquet tiles or planks on top. Glue-down installation offers stability and is suitable for various environments, including residential and commercial spaces. This method is beneficial for areas with high humidity, as it minimizes the risk of movement or warping of the flooring. However, the glue-down process can be time-consuming and requires skill, which may necessitate professional installation. Proper preparation of the subfloor is essential to ensure a successful glue-down installation.

Floating:

Floating installation is a popular option for laminate and engineered wood parquet flooring. In this method, the flooring is not attached directly to the subfloor but instead "floats" on top, allowing for easier installation and removal. Floating floors typically use a click-lock mechanism, making them accessible for DIY projects. This installation type is particularly advantageous in areas where moisture fluctuations are a concern, as it allows for expansion and contraction without damaging the flooring. Additionally, floating installation can be quicker than glue-down methods, reducing labor costs. However, it is essential to have a suitable underlayment to provide cushioning and sound absorption.

Nail-down:

Nail-down installation is a traditional method commonly used for solid hardwood parquet flooring. This technique involves fastening the flooring to the subfloor with nails or staples, providing a secure and durable bond. Nail-down installation is particularly well-suited for hardwood materials as it allows the wood to expand and contract naturally with changes in humidity and temperature. This method is often favored in high-end residential applications, where the aesthetic and performance qualities of solid wood are prioritized. While nail-down installation requires skilled labor and proper tools, the end result delivers a timeless and elegant finish that contributes to the overall value of the property.

By Region

In North America, the parquet flooring market is expected to maintain a robust growth trajectory, fueled by increasing demand for home renovations and a strong preference for hardwood flooring. The market is projected to grow at a CAGR of 7.1% from 2025 to 2035, driven by factors such as rising disposable incomes and growing awareness of sustainable building practices. Key player expansions, alongside consumer trends favoring aesthetic appeal and durability, are further propelling the market in this region. The strong presence of home improvement chains and specialized flooring retailers also facilitates easy access to parquet flooring solutions, ultimately contributing to regional growth.

Europe holds a significant share of the global parquet flooring market, supported by favorable regulations and sustainability initiatives. The European market is projected to grow steadily, driven by the demand for eco-friendly and high-quality flooring options. Countries such as Germany, France, and the UK are leading contributors to this growth due to their strong economies and a preference for premium flooring materials. Additionally, the increasing trend of interior design and customization in residential and commercial spaces is further supporting the demand for parquet flooring in Europe. Together, these factors are expected to create a positive growth outlook for the region.

Opportunities

The parquet flooring market is witnessing a wide range of opportunities, particularly in the realm of product innovation and sustainability. As consumers become more environmentally conscious, there is a significant opportunity for manufacturers to develop and market flooring options made from reclaimed or sustainably sourced materials. This trend extends to the production of laminate and vinyl flooring that mimics the appearance of natural wood while adhering to eco-friendly practices. Additionally, advancements in technology, such as the incorporation of antimicrobial properties and improved wear resistance, can drive demand for parquet flooring in both residential and commercial applications. Investment in research and development to enhance product offerings will be crucial for companies looking to capitalize on these trends.

Furthermore, as urbanization and population growth continue to rise globally, there is an increased need for affordable and durable flooring options to cater to the housing sector. Governments and private developers are focusing on constructing sustainable housing projects, thereby presenting opportunities for parquet flooring manufacturers to establish partnerships in large-scale developments. Additionally, the growing trend of interior design customization and renovation projects provides a lucrative market for parquet flooring products that cater to diverse aesthetic preferences. By aligning their offerings with evolving consumer trends, companies can tap into these opportunities to enhance market presence and drive growth.

Threats

Among the various threats facing the parquet flooring market, intense competition is a significant concern. With numerous manufacturers and suppliers competing for market share, price wars can potentially erode profit margins. Additionally, the proliferation of alternative flooring options, such as ceramic tiles and carpeting, may divert consumer attention away from parquet flooring. As consumers seek cost-effective solutions, budget-friendly alternatives can pose a threat to the premium positioning of parquet products. Moreover, fluctuations in raw material prices, particularly wood, can impact production costs and subsequently affect pricing strategies, creating challenges for manufacturers to maintain profitability.

Another critical threat to the parquet flooring market is the changing regulatory environment regarding environmental sustainability and timber sourcing. Manufacturers may face increasing scrutiny and certification requirements to ensure that their products meet environmental standards. Failure to comply with these regulations can result in reputational damage and financial consequences. Furthermore, the uncertainty surrounding global supply chains, particularly in the wake of geopolitical tensions and trade disputes, can disrupt material availability and lead to delays in production and delivery. Companies must navigate these challenges to sustain their operations and maintain a competitive edge in a rapidly evolving market landscape.

Competitor Outlook

• Mohawk Industries, Inc.
• Kahrs Group
• Armstrong Flooring, Inc.
• Pergo (a division of Mohawk Industries)
• Shaw Industries Group, Inc.
• BerryAlloc
• Gerflor Group
• Quick-Step (part of Mohawk Industries)
• Tarkett
• Bamboo Flooring Company
• Masco Corporation
• Witex Flooring
• Faus Group
• Garrison Collection
• Canadian Flooring

The competitive landscape of the parquet flooring market is characterized by the presence of numerous key players, each striving to establish their footprint in a rapidly evolving industry. Leading companies are focusing on product innovation, enhancing sustainability practices, and expanding their distribution networks to gain a competitive edge. Collaborations and partnerships with retailers and construction firms are also common strategies employed by these market participants to increase their visibility and reach new customers. Furthermore, the emphasis on brand reputation and customer service plays a significant role in influencing consumer preferences and loyalty in this highly competitive environment.

Mohawk Industries, Inc. stands out as a prominent player in the parquet flooring market, recognized for its extensive portfolio of flooring solutions, including solid wood, laminate, and vinyl options. The company has made significant strides in sustainability, implementing eco-friendly practices in its manufacturing processes. Mohawk's robust distribution network and commitment to innovation have positioned it as a leader in the market. Another key player, Armstrong Flooring, Inc., is known for its quality parquet flooring products and strong emphasis on design trends. The company frequently collaborates with designers and architects to create stylish and functional flooring solutions, catering to the evolving needs of consumers.

Kahrs Group is a leading manufacturer of wood flooring, specializing in engineered wood parquet that combines traditional craftsmanship with modern technology. The company's focus on sustainability and responsible sourcing has earned it a reputation for high-quality products. Tarkett, on the other hand, is recognized for its diverse range of flooring solutions, including eco-friendly options made from renewable materials. The company actively engages in sustainability initiatives, aligning its goals with emerging consumer preferences for environmentally conscious products. Through strategic marketing and product diversification, these companies continue to shape the competitive landscape of the parquet flooring market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Tarkett
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 BerryAlloc
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Faus Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Kahrs Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Gerflor Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Witex Flooring
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Canadian Flooring
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Masco Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Garrison Collection
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Bamboo Flooring Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Mohawk Industries, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Armstrong Flooring, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Shaw Industries Group, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Quick-Step (part of Mohawk Industries)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Pergo (a division of Mohawk Industries)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Strip Parquet Floors Market, By Application
    • 6.1.1 Residential
    • 6.1.2 Commercial
  • 6.2 Strip Parquet Floors Market, By Product Type
    • 6.2.1 Solid Wood Parquet
    • 6.2.2 Engineered Wood Parquet
    • 6.2.3 Laminate Parquet
    • 6.2.4 Vinyl Parquet
    • 6.2.5 Reclaimed Wood Parquet
  • 6.3 Strip Parquet Floors Market, By Installation Type
    • 6.3.1 Glue-down
    • 6.3.2 Floating
    • 6.3.3 Nail-down
  • 6.4 Strip Parquet Floors Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Home Improvement Stores
    • 6.4.4 Direct Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Strip Parquet Floors Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Strip Parquet Floors market is categorized based on

By Product Type

• Solid Wood Parquet
• Engineered Wood Parquet
• Laminate Parquet
• Vinyl Parquet
• Reclaimed Wood Parquet

By Application

• Residential
• Commercial

By Distribution Channel

• Online Stores
• Specialty Stores
• Home Improvement Stores
• Direct Sales

By Installation Type

• Glue-down
• Floating
• Nail-down

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Mohawk Industries, Inc.
• Kahrs Group
• Armstrong Flooring, Inc.
• Pergo (a division of Mohawk Industries)
• Shaw Industries Group, Inc.
• BerryAlloc
• Gerflor Group
• Quick-Step (part of Mohawk Industries)
• Tarkett
• Bamboo Flooring Company
• Masco Corporation
• Witex Flooring
• Faus Group
• Garrison Collection
• Canadian Flooring