Saudi Arabia Floor Covering Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.60 Billion |
| Market Size (2029) | USD 3.48 Billion |
| CAGR (2024 - 2029) | 6.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Floor Covering Market Analysis
The Saudi Arabia Floor Covering Market size is estimated at USD 2.60 billion in 2024, and is expected to reach USD 3.48 billion by 2029, growing at a CAGR of 6% during the forecast period (2024-2029).
The floor-covering market in Saudi Arabia is set for significant growth in the coming years, driven by strong industrial development supported by substantial government investments. Saudi Arabia stands out as a key importer of ceramic tiles, reflecting the country's expanding industrial landscape. The growth of the flooring industry is crucial to meeting the diverse needs of various sectors requiring tailored flooring solutions.
A significant market driver is the increasing emphasis on green building practices, leading to a surge in demand for eco-friendly flooring products crafted from recycled materials. Despite challenges posed by, the construction industry, a key player in the floor covering market, is adapting by renegotiating contracts and seeking collaborative solutions to increase green building practices.
Technological advancements in the flooring sector, such as digitally printed tile designs, enhanced color varieties, and improved water resistance, contribute to market growth. Domestic companies, investing in business expansion and adopting new technologies like digital printing, further bolster the industry. Amid challenges and opportunities, the Saudi Arabia floor covering market is navigating towards a future defined by sustainable practices, technological innovation, and collaborative solutions in the construction sector.
Saudi Arabia Floor Covering Market Trends
Saudi Arabia Increasing Share In Floor Covering Market
Saudi Arabia is expected to occupy a large share of the floor covering market in 2022. It was followed by the UAE and Qatar, respectively, in the GCC region. With several construction activities going on in the country, floor covering is observing a continuous rise in demand. Thus, the government is spending more on construction activities. The expanding hospitality industry of the country requires the construction of new travel facilities, such as airports, railways, and roadways, or the remodeling of existing facilities, which creates demand for flooring.
The GCC region, which includes Saudi Arabia, has a demand for high-end ceramic tiles, which imports from Europe, China, and India fill. The United Arab Emirates, Saudi Arabia, and Qatar are the three countries that use and import the most high-end ceramic tiles. The GCC region, which includes Saudi Arabia, has a demand for high-end ceramic tiles, which imports from Europe, China, and India fill. The United Arab Emirates, Saudi Arabia, and Qatar are the three countries that use and import the most high-end ceramic tiles.
Innovations In Carpet Designs And Technologies is Driving the Market
Market opportunities in the country have been found in the growing use of carpets by end users and in new carpet designs and technologies. During the forecast period, the Middle Eastern flooring and carpet market is expected to grow because of rising demand from end-user industries, growth in the automotive industry, and the growing use of artificial grass on sports fields and in other outdoor settings.
When it comes to revenue share, the residential segment is expected to lead the market in terms of application type. During the forecast period, the hospitality and automotive application segments are expected to grow at a faster rate than other application segments. When it comes to revenue share, the residential segment is expected to lead the market in terms of application type. During the forecast period, the hospitality and automotive application segments are expected to grow at a faster rate than other application segments.
Saudi Arabia Floor Covering Industry Overview
The report covers major international players operating in the Saudi Arabian floor covering market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, midsize to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
Saudi Arabia Floor Covering Market Leaders
Saudi Ceramic
Prime Floor KSA
RAK Ceramics
Arabian Tile Company Ltd
Saudi Industrial Flooring Co.
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Floor Covering Market News
- In February 2023, Tarkett, in collaboration with Studio RENS, a Dutch design research organization, has unveiled DESSO X RENS. This innovative line of carpet tiles is designed to be recycled into a new raw material.
- In January 2023, Saudi Ceramics has planned to launch a new porcelain tiles factory in Q1 2024 with a capacity of 8.25 million square meters in Saudi Arabia.
Saudi Arabia Floor Covering Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technology Innovations in the Market
4.7 Insights into Regulatory Landscape Impacting the Market
4.8 Insights into Consumer Behavior and Recent Trends in the Market
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Carpet and Area Rugs
5.1.2 Non Resilient Flooring
5.1.2.1 Wood Flooring
5.1.2.2 Ceramic Floor and Wall Tile
5.1.2.3 Laminate Flooring
5.1.2.4 Stone Flooring
5.1.3 Resilient Flooring
5.1.3.1 Vinylsheet and Floor Tile
5.1.3.2 Other Resilent Flooring
5.2 By End-User
5.2.1 Residential
5.2.2 Commercial
5.2.3 Builder
5.3 By Distribution Channel
5.3.1 Home Centers
5.3.2 Specialty Stores
5.3.3 Online
5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Saudi Arabian Markets Ltd.
6.2.2 Prime Floor KSA
6.2.3 Arabian Tile Company Ltd.
6.2.4 Saudi Industrial Flooring Co.
6.2.5 Saudi Ceramics
6.2.6 RAK Ceramics
6.2.7 Mohawk Industries Inc.
6.2.8 Shaw Industries Group Inc.
6.2.9 Armstrong Flooring
6.2.10 Gerflor Group
6.2.11 Khalid Saad
6.2.12 Home Depot Inc.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Saudi Arabia Floor Covering Industry Segmentation
Floor covering describes any finish material applied over a floor structure to provide a walking surface. It is used to provide the interior with a natural feel and is ideal for living areas, bedrooms, kitchens, bathrooms, hallways, and dining rooms.
The Saudi Arabia floor covering market is segmented by type, non-resilient, resilient flooring, end-user, and distribution channel. By type, the market is sub-segmented into carpet and area rugs. By non-resilient flooring, the market is sub-segmented into wood flooring, ceramic flooring, and wall tile, laminate flooring, stone flooring. By resilient flooring, the market is sub-segmented into the vinyl sheet and, floor tile, other resilient flooring. By end-user, the market is sub-segmented into residential, commercial, and builder. By distribution channel, the market is sub-segmented into home centers, specialty stores, online, and others.
The report offers market size and forecasts for the Saudi Arabia floor-covering market in terms of value (USD) for all the above segments.
| By Type | ||||||
| Carpet and Area Rugs | ||||||
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| By End-User | |
| Residential | |
| Commercial | |
| Builder |
| By Distribution Channel | |
| Home Centers | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
Saudi Arabia Floor Covering Market Research FAQs
How big is the Saudi Arabia Floor Covering Market?
The Saudi Arabia Floor Covering Market size is expected to reach USD 2.60 billion in 2024 and grow at a CAGR of 6% to reach USD 3.48 billion by 2029.
What is the current Saudi Arabia Floor Covering Market size?
In 2024, the Saudi Arabia Floor Covering Market size is expected to reach USD 2.60 billion.
Who are the key players in Saudi Arabia Floor Covering Market?
Saudi Ceramic, Prime Floor KSA, RAK Ceramics, Arabian Tile Company Ltd and Saudi Industrial Flooring Co. are the major companies operating in the Saudi Arabia Floor Covering Market.
What years does this Saudi Arabia Floor Covering Market cover, and what was the market size in 2023?
In 2023, the Saudi Arabia Floor Covering Market size was estimated at USD 2.44 billion. The report covers the Saudi Arabia Floor Covering Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Floor Covering Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Floor Covering Industry Report
Statistics for the 2024 Saudi Arabia Floor Covering market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Floor Covering analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
