Product Code: ETC031079 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The rubber mats market in Saudi Arabia is expected to witness a healthy CAGR during the forecast period (2020-2026). The growing demand for safety and comfort in commercial, industrial, and residential buildings are some of the key factors driving the growth of this industry. Furthermore, increasing awareness about environment safety has resulted in an increased preference for eco-friendly products such as rubber mats. In addition, rising disposable income levels have enabled consumers to purchase more high quality rubber mats. Moreover, changing lifestyle trends owing to urbanization are also aiding the growth of this market.
Growing awareness about health and safety among people has led them to opt for comfortable flooring options such as rubber mats which offer higher cushioning properties than tiles or carpets which help reduce fatigue caused by standing on hard surfaces. This factor is likely to propel the growth of Saudi Arabia rubber mat market over the forecast period. Growing disposable incomes of households in Saudi Arabia have allowed them to spend on luxury items like durable floorings that improve their living standards. This factor is projected to fuel revenue growth of this industry over 2020-2026. Manufacturers are investing heavily in research and development activities aimed at introducing technologically advanced products with enhanced features such as stain resistance, antifungal properties etc., which will further boost sales prospects during 2020-2026.
Installing rubber mats can be fairly expensive due their heavy weight making it difficult for traders who lack resources and capital capability required when dealing with large orders from customers . Additionally , they also require regular maintenance through cleaning agents that need extra cost . This could create hurdles towards healthy expansion opportunities prevailing within Saudi Arabia markets.
The outbreak of COVID-19 pandemic has adversely affected the global economy by severely disrupting supply chain networks and logistics operations across countries worldwide. Saudi Arabia main sources of income have been significantly impacted leading it into recessionary phase with falling oil prices globally and decreasing investments/consumer sentiment among others factors till 2021 at least according to 6wresearch estimates; hence exhibiting negative implications on revenue generated from manufacturing or sales within various markets including that for Rubber Mats therein Saudi Arabia as well which would experience drastic decline until complete recovery post COVID-19 situation stabilizes completely globally at large scale however gradually reviving endeavors are being seen since mid 2020 along with major focus towards economic diversification through renewable energy sources etc., hence somewhat improving future outlook hereof albeit still uncertain times ahead.
Some key players operating in Saudi Arabia Rubber Mats Market include Dalsouple SA , Interface Inc., Gerflor SAS , 3M Company , Toli Corporation Ltd., Forbo Holding AG , BCF Limited , Mondo Spa & NMC Trading Co LLC.
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 Rubber Mats Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Rubber Mats Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Rubber Mats Market - Industry Life Cycle |
3.4 Saudi Arabia Rubber Mats Market - Porter's Five Forces |
3.5 Saudi Arabia Rubber Mats Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Saudi Arabia Rubber Mats Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Saudi Arabia Rubber Mats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Rubber Mats Market Trends |
6 Saudi Arabia Rubber Mats Market, By Types |
6.1 Saudi Arabia Rubber Mats Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Rubber Mats Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Saudi Arabia Rubber Mats Market Revenues & Volume, By Natural Rubber, 2020-2030F |
6.1.4 Saudi Arabia Rubber Mats Market Revenues & Volume, By Synthetic Rubber, 2020-2030F |
6.1.5 Saudi Arabia Rubber Mats Market Revenues & Volume, By Others, 2020-2030F |
6.2 Saudi Arabia Rubber Mats Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Rubber Mats Market Revenues & Volume, By Home Use, 2020-2030F |
6.2.3 Saudi Arabia Rubber Mats Market Revenues & Volume, By Business Use, 2020-2030F |
7 Saudi Arabia Rubber Mats Market Import-Export Trade Statistics |
7.1 Saudi Arabia Rubber Mats Market Export to Major Countries |
7.2 Saudi Arabia Rubber Mats Market Imports from Major Countries |
8 Saudi Arabia Rubber Mats Market Key Performance Indicators |
9 Saudi Arabia Rubber Mats Market - Opportunity Assessment |
9.1 Saudi Arabia Rubber Mats Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Saudi Arabia Rubber Mats Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Saudi Arabia Rubber Mats Market - Competitive Landscape |
10.1 Saudi Arabia Rubber Mats Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Rubber Mats Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |