Dublin, May 27, 2024 (GLOBE NEWSWIRE) -- The "GCC Flooring Market Report by Segment, Flooring Type, End-Use Sector, and Country 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The GCC flooring market size reached US$ 15.3 Billion in 2023. Looking forward, the market is projected to reach US$ 25.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.70% during 2023-2032.
In the GCC region, industrial development fuelled by huge investments made by the governments plays a crucial role in the growth of the flooring industry as all industrial facilities need fit-for-purpose flooring. The increased focus on green buildings coupled with growing usage of eco-friendly flooring products in the GCC region is stimulating the demand for floorings manufactured from recycled raw materials.
Technological advancements in the flooring industry have resulted in improved product features such as digitally printed tile designs, availability of wide variety of colours, enhanced water resistance, etc., in turn, propelling the growth of the market.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the GCC flooring market report, along with forecasts at the regional and country levels from 2024-2032. The report has categorized the market based on segment, flooring type and end-use sector.
- At present, hard flooring represents the leading segment in the GCC flooring market.
- Based on the flooring type, tile flooring represents the most popular segment, accounting for the majority of the total share.
- Currently, the commercial sector dominates the GCC flooring market, holding the major share.
- On a geographical front, the UAE enjoys the leading position in the GCC flooring market due to widespread construction projects in the country.
Competitive Landscape
The GCC flooring market is concentrated in nature with the presence of a handful of players who compete in terms of prices and quality.
Some of the leading players operating in the market are:
- RAK Ceramics PJSC
- Jands Enterprise Inc
- DBA Carpetland
- Kahrs Holding AB (publ)
- Swiss Hardwoods
- Gerbur GmbH
- Swiss Krono AG
- Concord Terrazzo Company, Inc.
This report provides a deep insight into the GCC flooring industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a flooring tile manufacturing plant. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the flooring industry in any manner.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 137 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $15.3 Billion |
| Forecasted Market Value (USD) by 2032 | $25.2 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Middle East |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 GCC Flooring Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Country
5.6 Market Breakup by Segment
5.7 Market Breakup by Flooring Type
5.8 Market Breakup by End-Use Sector
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.13 Key Success Factors and Key Risk Factors
6 Market Breakup by Country
6.1 UAE
6.2 Saudi Arabia
6.3 Qatar
6.4 Oman
6.5 Bahrain
6.6 Kuwait
7 Market Breakup by Segment
7.1 Hard Flooring
7.2 Soft Flooring
8 Market Breakup by Flooring Type
8.1 Tile Flooring
8.2 Stone Flooring
8.3 Wood and Laminate Flooring
8.4 Carpet Flooring
8.5 Other Flooring
9 Market Breakup by End-Use Sector
9.1 Commercial
9.2 Residential
10 Competitive Landscape
10.1 Market Structure
10.2 Market Breakup by Key Players
11 Flooring Tile Manufacturing Process
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements
11.5 Land and Construction Requirements
11.6 Machinery Requirements
11.7 Machinery Pictures
11.8 Raw Material and Final Product Pictures
11.9 Packaging Requirements
11.10 Transportation Requirements
11.11 Utilities Requirements
11.12 Manpower Requirements
12 Profiles of Key Players
- RAK Ceramics PJSC
- Jands Enterprise Inc
- DBA Carpetland
- Kahrs Holding AB (publ)
- Swiss Hardwoods
- Gerbur GmbH
- Swiss Krono AG
- Concord Terrazzo Company Inc.
For more information about this report visit https://www.researchandmarkets.com/r/lndl7t
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