Middle East Flooring And Carpet Market Current Evaluation and Future Growth Forecast 2024 - 2031 | Al Sorayai Group (Saudi Arabia), Abdullatif Carpets (Saudi Arabia)

Market Overview:

Middle East flooring and carpet market is projected to reach around US$ 14.55 Billion by 2030, in terms of revenue, exhibiting a CAGR of 7.2% during the forecast period (2023-2030).

Market Dynamics:

The growing construction industry in the Middle East region is expected to be a key driver for the flooring and carpet market during the forecast period. According to statistics, the construction industry in the Middle East region witnessed a growth of 3.6% in 2021. Rapid urbanization and infrastructure development projects have boosted construction activities across Middle Eastern countries.

Another key driver is the rising disposable incomes which has increased the spending power of consumers in the region. Consumers are opting for aesthetically appealing and high quality flooring products to enhance the interiors of their houses and offices. This has augmented the demand for innovative and designer flooring solutions in the Middle East flooring and carpet market.

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The Middle East Flooring And Carpet Market Is Driven By Rapid Infrastructural Development And Urbanization

The Middle East region is experiencing rapid economic and infrastructural development over the past few years. Many countries in the region such as UAE, Saudi Arabia and Qatar are aggressively investing in development of new commercial and residential complexes, malls, hotels, hospitals and other real estate projects. This high pace of construction activities has increased the demand for flooring and carpet significantly. The governments are also promoting urbanization by developing new cities, improving existing infrastructure and boosting property development. The rising population and growing middle class is further fueling the demand for homes, offices and public places which use a variety of flooring and carpet materials.

Ability To Develop Sustainable Flooring Solutions Presents An Opportunity For Growth

Rising environmental concerns and sustainability initiatives are opening up new opportunities in the flooring and carpet market. Customers are increasingly preferring green products that do not release harmful chemicals and are made from recycled/bio-based materials. Companies need to innovate sustainable flooring options using techniques like minimal processing, reducing waste, adopting closed-loop manufacturing etc. For example, floor tiles from rapidly-renewable bamboo, natural cork or recycled plastics have less carbon footprint. New technologies to reuse existing flooring materials is another avenue. Leveraging sustainability can help brands target environment-conscious consumers, institutions and businesses demanding green office/public spaces. It also supports Middle East countries goals to transition to low carbon economy.

Emergence Of Smart Flooring With IoT Functionality Will Disrupt The Market Dynamics

The flooring industry is on the cusp of a technological transformation worldwide including Middle East region. Internet of Things (IoT) based smart flooring systems have tremendous scope to revolutionize various industries. Embedded sensors in these floors allow detection of objects, people movement, fall detection, temperature monitoring and other such data collection capabilities. IoT flooring when integrated with software platforms analyzes patterns for productivity enhancement, safety alerts, predictive maintenance and more. Many designers are developing interactive floors that respond to touch. Multiple applications are emerging across sectors like healthcare, hospitality, industrial facilities. With 5G rollout, these smart floors with automated remote monitoring will see large scale adoption. It will change purchase decision criteria and product usage even in traditional residential sector. Companies need strategies to leverage mixed reality, AI and IoT to stay ahead in market.

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Top Companies Included in This Report:

• Al Sorayai Group (Saudi Arabia)
• Abdullatif Carpets (Saudi Arabia)
• Al Mira Carpet Factory (Saudi Arabia)
• Abu Dhabi National Carpet Factory (UAE)
• Mac Carpet (Egypt)
• Prado Egypt For Carpet (Egypt)
• Gheytaran Carpet (Iran)
• Oriental Weavers (Egypt)
• Standard Carpets Ind.LLC.
• Saida Carpets (Jordan)
• Dormina (Turkey)
• International Players (Mohawk Industries
• Interface Middle East
• Beaulieu Flooring
• Tarkett S.A.
• Balta Group
• Shaw Industries Group Inc.)

Market Segmentation:

By Product Type:

• By Product Type: Carpets, Rugs, Artificial Grass, Carpet Tiles, Vinyl Flooring, Laminate Parquet Flooring
• By Material Type: Polypropylene, Nylon, Polyester, Others

By Applications:

• By Application: Residential, Commercial offices, Retail, Hospitality, Healthcare and Hospitals, Education Institutes, Automotive, Industrial, Others

Key Regions/Countries are Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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The report offers insights on the following topics:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Competitor Landscape of the Middle East Flooring And Carpet Market by Players

Chapter 4: Market Size of the Middle East Flooring And Carpet Market by Type and Application

Chapter 5: Global and Regional Analysis

Chapter 6: Company Profiles, Recent Developments, and Investments

Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors

Chapter 8: Analysis of Value Chain and Sales Channels, including notable product developments

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology/Research Approach

Ultimately, the Middle East Flooring And Carpet Market report serves as a reliable source for acquiring market research to significantly enhance your business. It furnishes essential insights into regional economic conditions, product pricing, profitability, capacity, production, supply, demand, market growth rate, and forecasts. Additionally, the report includes a SWOT analysis, investment feasibility analysis, and return on investment analysis for new projects within the Middle East Flooring And Carpet industry.

Should the aforementioned report not meet your precise requirements, we offer customized research tailored to comprehensively address your specific business needs. Our customized research will encompass all the pertinent business information necessary to assist you in making strategic and profitable business decisions.

Author Bio:

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

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