Market Size of Saudi Arabia Sanitaryware Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 292.87 Million |
Market Size (2029) | USD 401.82 Million |
CAGR (2024 - 2029) | 6.52 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Sanitaryware Market Analysis
The Saudi Arabia Sanitaryware Market size is estimated at USD 292.87 million in 2024, and is expected to reach USD 401.82 million by 2029, growing at a CAGR of 6.52% during the forecast period (2024-2029).
In the last few years, the market for sanitary products in Saudi Arabia has grown significantly. In the Gulf Cooperation Council, Saudi Arabia has emerged as one of the most important manufacturing centers for cleaning products. The growth of the market is driven by government initiatives to promote housing affordability and an increase in demand from businesses and industries, for instance, hotels, offices, schools, and universities. In view of the increasing demand for housing from both local and immigrant populations, the real estate sector is expected to continue to experience healthy growth. It is anticipated that this will continue to drive the growth of the sanitary ware product market. Moreover, the growth of demand is expected to be driven by a growing purchasing power for consumers.
Smart home adoption and infrastructure developments in the world are expected to have a positive impact on the demand for hygiene products. Moreover, demand for sanitary products in the housing sector is being driven by changes in building interiors. As homeowners upgrade their existing sanitary ware to newer products that offer better visual appeal or function, residential remodels and replacements are likely to continue to represent the majority of demand for ceramics sanitary ware.
As consumers and producers seek to meet sustainability standards, there is a growing demand for these products from the adoption of strict guidelines and incentives on energy-efficient toilet installations. Disposable income has also increased, allowing more people to spend on quality sanitary products as a result of the growth of the real estate sector and the growing middle class in emerging economies.