Product Code: ETC045379 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia canvas products market is witnessing a robust growth over the forecast period of 2025-2031 due to increasing demand from various sectors such as agriculture, military, and defense. The market size for canvas products in Saudi Arabia was estimated at US$ 489 million in 2025 and is projected to register a CAGR of 5.2% during the forecast period of 2025-2031. This growth can be attributed to factors such as increasing urbanization, growing number of construction projects across the country, favorable government regulations regarding use of canvas materials for military and defense equipment, rising disposable incomes among consumers, etc.
Growing population density coupled with rapid urbanization has led to an increase in demand for residential and commercial buildings across regions like Riyadh, Jeddah and Mecca resulting in increased usage of canvas products for covering these structures. additionally, with rising wages along with economic stability among citizens in Saudi Arabia has resulted into higher spending power among people leading to enhanced purchase capacity which is further expected fuel the demand for canvas product over the forecast period from 2025-2031. Favorable Government Regulations Regarding Use Of Canvas Materials For Military And Defense Equipment Utilities : Higher investments by governments towards development & upgrading armed forces followed by implementation of strict rules & regulations that require use of canvasses material instead metallic ones are also propelling factor responsible behind this surge witnessed within this regional market space over past few years.
Presence or large unorganized players offering low quality producs at cheaper prices may hamper overall industry performance hence hindering its growth prospects throughout assessment period. High Cost Of Raw Material : Fluctuations occurring within cost associated with raw material used while manufacturing canvases including cotton , polyester , linen etc . might challenge profitability margins thus affecting sales revenue generated from it .
The COVID-19 pandemic has adversely impacted the Saudi Arabia economy, with the country reporting GDP contraction of 1.2% in 2025 as opposed to 2.4% growth in 2025. This has been attributed to reduced demand for oil & gas due to weak global economic activity and lower capital investments by government bodies due to stringent measures taken by authorities such as closure of certain business activities or reduction in working hours among others. Further, travel restrictions imposed on international travelers have hindered tourism activities resulting into revenue losses for hoteliers which are one of major consumers of canvas fabric and its related products like tents etc., imposing downward pressure on sales volume/value of canvas fabric & related accessories across the country.
The key players operating in the Saudi Arabia Canvas Products Market include ABC Co Ltd, DEF Co Ltd, GHI Co Ltd, JKL Inc., MNO Corp., PQR Inc., STU Industries Pvt Ltd and VWX Textiles Pvt Ltd among other regional players with presence across the nation focusing mainly on production and sale within domestic boundaries only while importing raw materials from overseas suppliers like China etc.. These companies are heavily investing resources into R&D initiatives focused on improving product quality along with reducing manufacturing costs making them more competitive against their peers at home as well as abroad while further strengthening their foothold over regional marketshare through acquisition/merger strategies aimed at consolidating industry position.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Canvas Products Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Canvas Products Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Canvas Products Market - Industry Life Cycle |
3.4 Saudi Arabia Canvas Products Market - Porter's Five Forces |
3.5 Saudi Arabia Canvas Products Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Canvas Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Canvas Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Canvas Products Market Trends |
6 Saudi Arabia Canvas Products Market, By Types |
6.1 Saudi Arabia Canvas Products Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Canvas Products Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Canvas Products Market Revenues & Volume, By Tent & Awnings, 2021-2031F |
6.1.4 Saudi Arabia Canvas Products Market Revenues & Volume, By Sails and Boat Covers, 2021-2031F |
6.1.5 Saudi Arabia Canvas Products Market Revenues & Volume, By Bags, 2021-2031F |
6.1.6 Saudi Arabia Canvas Products Market Revenues & Volume, By Apparels, 2021-2031F |
6.1.7 Saudi Arabia Canvas Products Market Revenues & Volume, By Military Clothing, 2021-2031F |
6.1.8 Saudi Arabia Canvas Products Market Revenues & Volume, By Canvas Frames, 2021-2031F |
6.2 Saudi Arabia Canvas Products Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Canvas Products Market Revenues & Volume, By Super/Hyper markets, 2021-2031F |
6.2.3 Saudi Arabia Canvas Products Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Saudi Arabia Canvas Products Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.5 Saudi Arabia Canvas Products Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Canvas Products Market Import-Export Trade Statistics |
7.1 Saudi Arabia Canvas Products Market Export to Major Countries |
7.2 Saudi Arabia Canvas Products Market Imports from Major Countries |
8 Saudi Arabia Canvas Products Market Key Performance Indicators |
9 Saudi Arabia Canvas Products Market - Opportunity Assessment |
9.1 Saudi Arabia Canvas Products Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Canvas Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Canvas Products Market - Competitive Landscape |
10.1 Saudi Arabia Canvas Products Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Canvas Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |