Market Size of Egypt Floor Covering Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.27 Billion |
| Market Size (2029) | USD 2.94 Billion |
| CAGR (2024 - 2029) | 5.26 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egypt Floor Covering Market Analysis
The Egypt Floor Covering Market size is estimated at USD 2.27 billion in 2024, and is expected to reach USD 2.94 billion by 2029, growing at a CAGR of 5.26% during the forecast period (2024-2029).
With the construction industry growing in Egypt, the market for floor coverings has also been growing.Cairo's urban development program, which entails creating 23 new cities, was the main driving force behind construction.Along with the strong construction industry, the floor-covering market is driven by the fact that more and more people want to make the inside of their homes look nicer and more expensive. But the manufacturing process is making more and more trash that can't be recycled. This has become a problem for the industry.The damage should be lessened as technology changes and more eco-friendly raw materials are used in manufacturing.
COVID-19 had an influence on the Egypt floor covering market, just like it did on any other market. Floor covering could not be installed due to the nationwide lockdown in many places in Egypt, and unfortunately, like any other market, we could not shift the floor covering market online. As a result, the floor-covering market suffered from this disadvantage.
The carpet and rug part of the market is becoming more important as the desire for nice interiors grows. The latest trends and fashions are inspiring manufacturers to spend more time creating designer carpets and ceramic tiles. Customizing floor coverings for different rooms in the same house by using a combination of carpets and tiles or wood flooring, etc., is also gaining in significance in recent times.
