Market Size of United Arab Emirates Floor Covering Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 2.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UAE Floor Covering Market Analysis
The United Arab Emirates is one of the key economic centers in the Middle East, with its growing trading and tourism sectors, Dubai, in particular, is considered as the trendsetter in the construction market for the entire Gulf Country Council. Several major construction projects diversified across the infrastructure, residential, and commercial sectors by the government and private organizations during the study period have made Dubai an investment hub. However, environmental issues, such as the lengthy drying and sticking process, the high amounts of non-degradable waste generated while carpet manufacturing, various odors of some materials used while manufacturing and during application and their impact on the environment, and the shortages in the global supply chain raw materials are inhibiting the rapid growth of the industry. Through technological improvements and utilization of advanced machinery, the players are minimizing the limitations, and they are focusing on improving the production capacities. The floor covering the market in the United Arab Emirates is forwarding with the growing demand for bold esthetics that look natural and yet versatile. This trend is dominant in, both, the residential and commercial segments of the market. A recent trend in the purchases has been led by the products that are advanced in digital printing, along with other technological improvements, enabling the manufacturers to create theme-based flooring products in smaller quantities at competitive prices. This trend extends to printed carpets, along with vinyl flooring sheets and tiles.