Product Code: ETC010799 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Flooring Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 8.81% in 2025, the market peaks at 10.72% in 2027, and settles at 8.67% by 2029.
Saudi Arabia flooring market is projected to register a CAGR of over 5.1% during the forecast period (2025-2031). The increasing consumer expenditure and rising construction activities in the country, coupled with the growth in population are expected to drive market growth. Moreover, government initiatives such as Vision 2031 is also supporting the development of residential and non-residential projects across Saudi Arabia. Furthermore, rapid urbanization has been driving demand for new infrastructure and housing units in major cities like Riyadh, Jeddah, Mecca, Medina etc., which creates potential opportunities for the flooring industry.
With an increase in disposable income of households due to higher wages & salaries backed by economic reforms implemented by Government authorities have resulted into higher customer spending on home improvements that includes renovation & decoration along with interior designing that uses various types of floorings options available in market leading to higher demand from end users. Rising Construction Activities: Booming construction sector due to heavy investments made by government authorities towards developmental projects under its ??Vision 2031?? Program has resulted in increased number of building constructions contributing significantly toward revenue generation for Flooring Market players operating within region.
Various installation processes involved while installing different type of floorings requires huge capital investment leading to high cost associated factor preventing small scale players from entering into this business resulting into loss for local traders/ retailers as well as regional manufacturers having limited access against large multinationals depending largely on imports v/s domestic manufacturing.
The COVID-19 pandemic has had an adverse impact on the Saudi Arabia flooring market as it has disrupted supply chains, pushed down sales figures due to reduced customer spending power, and caused delays in project completion dates as well as an increase in input costs. However, with government initiatives such as introducing new building regulations that encourage green buildings along with recovery from the pandemic will help drive the market forward over time.
Some of the major players operating in Saudi Arabia flooring market are Armstrong World Industries Inc., Mohawk Industries Inc., Tarkett Group SA, Shaw Industries Group Inc., Gerflor SAS among others. These companies offer a wide range of products including carpet tiles & planks; vinyl sheet goods & tiles; laminate & hardwood floors; rubberized surfaces for sports areas; thermoplastic materials used for outdoor applications etc. They also focus on mergers & acquisitions and expansion strategies to gain competitive edge within the industry.
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 Flooring Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Flooring Market - Industry Life Cycle |
3.4 Saudi Arabia Flooring Market - Porter's Five Forces |
3.5 Saudi Arabia Flooring Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Flooring Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Flooring Market Trends |
6 Saudi Arabia Flooring Market, By Types |
6.1 Saudi Arabia Flooring Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Flooring Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Flooring Market Revenues & Volume, By Soft Coverings, 2021-2031F |
6.1.4 Saudi Arabia Flooring Market Revenues & Volume, By Resilient Flooring, 2021-2031F |
6.1.5 Saudi Arabia Flooring Market Revenues & Volume, By Non-Resilient Flooring, 2021-2031F |
6.1.6 Saudi Arabia Flooring Market Revenues & Volume, By Seamless Flooring, 2021-2031F |
6.2 Saudi Arabia Flooring Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Flooring Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Saudi Arabia Flooring Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Saudi Arabia Flooring Market Revenues & Volume, By Industrial, 2021-2031F |
7 Saudi Arabia Flooring Market Import-Export Trade Statistics |
7.1 Saudi Arabia Flooring Market Export to Major Countries |
7.2 Saudi Arabia Flooring Market Imports from Major Countries |
8 Saudi Arabia Flooring Market Key Performance Indicators |
9 Saudi Arabia Flooring Market - Opportunity Assessment |
9.1 Saudi Arabia Flooring Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Flooring Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Flooring Market - Competitive Landscape |
10.1 Saudi Arabia Flooring Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |