TL;DR
Once considered a niche solution for startups and freelancers, coworking has become a cornerstone of Europe’s office landscape. By 2025, the sector is valued at USD 7.23 billion and projected to nearly double to USD 11.8 billion by 2030, reflecting a 10.37% CAGR.
Flexible workspaces now represent around 2.5% of Europe’s total office stock, with pioneering markets like London reaching double-digit penetration — and there’s no signs of it slowing down.
In this article, we’ll walk through key information regarding the thriving European coworking market including the size of the European coworking market, growth drivers, and key opportunities for operators to consider.
Over the past decade, coworking in Europe has evolved from a niche trend into a core pillar of the continent’s office landscape. By 2025, the European coworking market is valued at USD 7.23 billion and is projected to reach USD 11.8 billion by 2030, representing a compound annual growth rate (CAGR) of 10.37% over the forecast period.
Flexible workspaces now account for approximately 2.5% of total office stock in Europe, a figure that has steadily climbed since the early 2010s when coworking was still a fringe concept. The region is home to ~6,850 coworking spaces in 2025, growing at an average of 4.7% annually in recent years, despite pandemic-related disruptions.
Several factors underpin the sustained expansion of coworking across the European market.
While the late 2010s were defined by hyper-expansion, the post-pandemic era is characterized by steady, sustainable growth. Operators are focusing on profitability, differentiated services, and strategic partnerships with landlords – a sign of an industry that has cemented its role in the broader real estate ecosystem.
The European coworking footprint has expanded dramatically over the past decade, with the total number of spaces reaching ~6,850 in 2025, up from just a fraction of that in 2015. This growth reflects both organic demand from startups, SMEs, and freelancers as well as corporate adoption of flexible space models.
While coworking penetration varies widely between countries and cities, several markets stand out as European leaders.
Below are Europe’s largest coworking cities by estimated number of spaces in 2025, along with their market penetration as a share of total office stock:
| Rank | City | Estimated Spaces (2025) | Flex Space Penetration |
| 1 | London | 1,400+ | 10.1% |
| 2 | Paris | ~750 | 2-3% |
| 3 | Barcelona | ~400 | 3.5% |
| 4 | Madrid | ~300 | 1.9% |
| 5 | Berlin | 200+ | ~3% |
| 6 | Warsaw | 150+ | 4% |
| 7 | Amsterdam | 150+ | 4.8% |
| 8 | Stockholm | 100+ | 7% (CBD) |
| 9 | Dublin | 80+ | High take-up, <25 desk demand dominates |
| 10 | Brussels | ~80 | 3.4% |
While major capitals like London and Paris dominate in absolute numbers, secondary cities are seeing the fastest relative growth. Markets such as Lisbon, Manchester, Krakow, and Prague are attracting both local and international operators seeking less saturated, lower-cost environments — and in some cases, achieving higher occupancy rates than their capital city counterparts.
Coworking prices in Europe vary widely depending on location, quality, amenities, and market saturation. In prime capitals like London and Paris, premium desks can exceed €1,500 per month, while in cities such as Barcelona or Warsaw, comparable memberships can be a fraction of that cost.
Below are average monthly price ranges for a flex desk or hot desk membership as of Q4 2023:
| City | Price per Desk/Month |
| Amsterdam | €450 – €1,200 |
| Barcelona | €325 – €500 |
| Berlin | €600 – €900 |
| London | £500 – £1,500 (≈€570 – €1,700) |
| Paris | €500 – €1,700 |
| Dublin | €700 – €800 |
| Brussels | €400 – €700 |
| Madrid | €325 – €500 |
| Milan | €250 – €1,000 |
| Munich | €600 – €900 |
| Birmingham (UK) | £350 – £600 |
| Prague | €300 – €400 |
| Warsaw | €330 – €650 |
Local market dynamics: in oversupplied markets, competition caps pricing; in constrained markets, operators have more pricing power.
One of the strongest indicators of the European coworking sector’s resilience is its consistently high occupancy rates, especially when compared to traditional office spaces.
Across Europe, average coworking occupancy ranges between 80–85%, significantly outperforming the ~60% post-pandemic physical occupancy seen in conventional offices.
| City / Region | Average Occupancy | Notes |
| London | ~82% | Slight dip from pre-pandemic highs due to new supply, but rates remain strong. |
| Barcelona | 78–81% | Demand supported by startups, remote workers, and affordability. |
| Dublin | Above conventional office occupancy | 82% of demand is for offices ≤25 desks, keeping small-unit occupancy high. |
| Stockholm | Slight decline in 2024 | Due to consolidation and new supply entering the market. |
| Peripheral markets (e.g., Lisbon, smaller Nordic cities) | Often >75% | Limited supply and strong remote work adoption keep utilization high. |
After a sharp drop in 2020, the sector saw a robust recovery. By late 2021, hybrid work adoption had driven renewed demand, and by 2023 most European coworking hubs were operating near full capacity in prime locations.
Even in oversupplied markets, operators have adapted by pausing expansion, consolidating locations, and focusing on retention strategies to keep utilization steady.
Europe’s coworking market is far from uniform. Adoption rates, pricing, and growth patterns vary significantly between regions, influenced by local economic conditions, real estate dynamics, and work culture.
The next five years are set to be a defining period for Europe’s coworking and flexible office sector. Industry forecasts from JLL and CBRE suggest that 20–30% of all office space could be flexible in nature by 2030, up from ~2–5% today.
Coworking has become an integral part of corporate real estate strategies across Europe. The period from 2025 to 2030 will likely see the sector deepen its penetration, diversify its formats, and play a key role in shaping the future of work on the continent.
The European coworking and flexible office market is no longer a niche but a vital part of the continent’s commercial real estate landscape.
With market value climbing steadily toward USD 11.8 billion by 2030, strong occupancy rates well above traditional offices, and growing adoption across both major cities and regional hubs, the sector is positioned for sustained growth.
As hybrid work models mature, demand from SMEs, freelancers, and corporations alike will continue to drive expansion, with flexible space expected to account for up to 30% of Europe’s office stock in the coming years.
The European coworking market is worth USD 7.23 billion in 2025 and is projected to grow to USD 11.8 billion by 2030, reflecting steady demand from startups, SMEs, freelancers, and corporations.
Coworking now makes up around 2.5% of Europe’s total office stock, with leading cities like London reaching 10%+ penetration in flexible workspace.
London leads with 1,400+ spaces, followed by Paris (~750), Barcelona (~400), and Berlin (200+). Secondary hubs like Lisbon, Krakow, and Manchester are experiencing rapid growth.
Prices vary widely. On average, Barcelona and Madrid offer desks from €325/month, while London and Paris can exceed €1,700/month for premium locations.
Coworking spaces operate at 80–85% average occupancy, significantly higher than conventional offices (~60%). Smaller office units (<25 desks) see especially strong demand.
