Market Size of Middle-East and Africa Floor Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.15 Billion |
| Market Size (2029) | USD 1.37 Billion |
| CAGR (2024 - 2029) | 3.59 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
MEA Floor Coatings Market Analysis
The Middle-East and Africa Floor Coatings Market size is estimated at USD 1.15 billion in 2024, and is expected to reach USD 1.37 billion by 2029, growing at a CAGR of 3.59% during the forecast period (2024-2029).
In 2020, COVID-19 impacted the construction industry across the Middle East region. However, the upsurge in construction activities post-pandemic has propelled the consumption of floor coatings.
- In the short term, the residential and commercial construction activities in Saudi Arabia and UAE will likely drive the market.
- On the flip side, strict regulations on VOCs released from floor coatings may restrain industry growth.
- The rising application of polyaspartic coatings in industrial construction will likely offer new avenues to the floor coatings market.
- Saudi Arabia dominates the market and is expected to witness the highest CAGR during the forecast period. The Saudi government is focusing on developing infrastructure, education, industrial, and healthcare sectors for economic expansion.
