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November 22, 2018
The German parquet industry sees great opportunities in the Chinese market
During the first three quarters of 2018, the sales of German parquet fell by 5% year-on-year, reaching a value of 7.3 million m2. The decline has weakened slightly over the course of the year, said the chairman of the Association of the German Parquet Industry, Michael Schmid, at the autumn meeting of the Association in Rosenheim. Moreover, the parquet industry has to compete with new products, such as designer flooring, imports and rising commodity prices, especially in oak. Yet, the Solid Parquet product division increased ...
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