The GCC Flooring Market Report for 2024–2032 features profiles of RAK Ceramics, DBA Carpetland, Kahrs, Swiss Hardwoods, Gerbur, Swiss Krono, and Concord Terrazzo, categorized by flooring type and country.
May 27, 2024, Dublin (GLOBE NEWSWIRE) – ResearchAndMarkets.com now offers the “GCC Flooring Market Report by Segment, Flooring Type, End-Use Sector, and Country 2024-2032” report.
In 2023, the GCC flooring market was valued at US$ 15.3 billion. The market is expected to develop at a compound annual growth rate (CAGR) of 5.70% from 2023 to 2032, reaching US$ 25.2 billion.
Because all industrial buildings require flooring that is suitable for their intended use, the GCC region’s industrial expansion, which is fueled by significant government investments, is vital to the growth of the flooring industry.
The demand for flooring made from recycled raw materials is rising in the GCC due to the growing emphasis on green buildings and the rising use of eco-friendly flooring products.
Improvements in product features, such as digitally printed tile designs, a broad range of color options, increased water resistance, etc., brought about by technological developments in the flooring sector have propelled market expansion.
Key Market Segmentation of GCC Flooring Market
Along with predictions at the regional and national levels for the GCC flooring market from 2024 to 2032, this report analyzes the major trends in each of the market’s sub-sectors. The market has been divided into segments, flooring types, and end-use sectors by the report.
- 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.
A few of the top companies in the industry include:
- RAK Ceramics PJSC
- Jands Enterprise Inc
- DBA Carpetland
- Kahrs Holding AB (publ)
- Swiss Hardwoods
- Gerbur GmbH
- Swiss Krono AG
- Concord Terrazzo Company, Inc.
This study offers a thorough analysis of the GCC flooring market, taking into account all pertinent factors.
This covers a wide range of topics, including SWOT analysis, Porter’s Five Forces analysis, value chain analysis, recent trends, important market drivers and challenges, and macro and micro overviews of the market and industry performance.
A thorough analysis of establishing a flooring tile manufacturing factory is also included in the report. Entrepreneurs, investors, researchers, consultants, business strategists, and anybody else with an interest in the flooring sector or wishing to enter it in any capacity should read this study.
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