GCC Flooring Market: Industry Trends, Growth, Share, Size and Regional Forecast Till 2023

GCC Flooring Market Report and Forecast Till 2023

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.

Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

GCC Flooring Market Report By Flooring Type (Tile Flooring, Stone Flooring, Wood and Laminate Flooring, Carpet Flooring, and Others), End-Use Sector (Commercial, Residential and Bottles), Region

The GCC flooring market has experienced a positive growth in recent years. The growth is being induced by factors including the rising number of infrastructural projects, upcoming global events and development of the tourism sector.

Market Overview: According to the latest report by IMARC Group, titled “GCC Flooring Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the GCC flooring market reached a value of US$ 10.5 Billion in 2017. Flooring refers to a product used for offering a smooth, impervious, clean and durable floor surface. It generally consists of two main components, namely, floor base and floor covering. The floor base provides support to the floor covering which includes a layer of materials like marble, tiles and mosaic. The GCC countries are currently experiencing increased participation of the private sector with an enhanced focus on sustainable economic growth and expansion of non-oil industries. These developments have encouraged the renovation of existing infrastructure as well as the construction of new buildings across the region, in turn, leading to higher demand for various flooring products.

Report Description and Highlights

Report Description Market Trends:

The flooring market in the GCC is projected to witness an exponential growth owing to the increasing number of construction and refurbishment projects in the region. In addition to this, the market is being driven by development across sectors such as office, retail, residential and hospitality. Moreover, the upcoming global events like the Dubai Expo 2020 and FIFA World Cup 2022 are providing a boost to the overall demand for good quality flooring. The other factors that are contributing to the growth of the market include the development of the tourism sector and Economic Cities along with the construction of high-rise buildings.

Looking forward, the GCC flooring market is expected to reach a value of US$ 16.1 Billion, at a projected CAGR of more than 7% during 2018-2023.

For more information, click here: https://www.imarcgroup.com/gcc-flooring-market

Market Forecast

Sample Figure: GCC: Flooring Market Forecast: Volumes (in Million Tons), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description

GCC Flooring Market Market Segmentation: Market Segmentation by Segment o Hard Flooring, o Soft Flooring, Based on segments, the flooring market has been divided into hard flooring and soft flooring. Hard flooring currently represents the largest segment and includes products such as ceramic tiles, mosaic tiles, vitrified tiles, marble and granite.

Market Segmentation by Flooring Type o o o o o

Tile Flooring Stone Flooring Wood and Laminate Flooring Carpet Flooring Other Flooring

Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1004&flag=B

Market Segmentation

Report Description

On the basis of product types, tile is the most popular type of flooring product among the consumers in the GCC region. Tile flooring is followed by stone flooring, wood and laminate flooring, and carpet flooring.

Market Segmentation by End-Use Sector • •

Commercial Residential

The flooring market in the GCC has been categorized according to various end-users into the commercial and residential sectors. Currently, the commercial sector represents the major end-user.

Market Segmentation by Region • • • • • •

UAE Saudi Arabia, Qatar, Oman, Bahrain Kuwait

Market Segmentation

Report Description

On a regional-basis, the UAE represents the leading market, holding the majority of the total share. This can be attributed to an increase in the number of construction projects across the region. Some of the other major markets include Saudi Arabia, Qatar, Oman, Bahrain and Kuwait.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • •

RAK Ceramics, Carpetland, Kahrs, Swiss Hardwoods, Gerbur, Krono Swiss Terazzo.

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

Team Profile

Team Profile Our Team Comes From Some of the Top Universities Globally.

60% Engineering and Science

5% Others

35% Business Studies

Over 2000 Independent Consultants from different sectors.

Average Experience of 7+ Years

We are the trusted business partners to the

Partial List of Clients world's leading corporates, governments, and A partial List of our Clients institutions

We are the trusted business partners to the

Partial Listworld's of Clients leading corporates, governments, and

A partial List of our Clients

institutions

Report Description and Highlights

Report Description

© 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com