Saudi Arabia Ceramic Tiles Market Size & Outlook
Saudi Arabia ceramic tiles market, 2018-2030 (US$M)
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Saudi Arabia ceramic tiles market highlights
- The Saudi Arabia ceramic tiles market generated a revenue of USD 4,068.3 million in 2023 and is expected to reach USD 5,930.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, non-residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Ceramic tiles market data book summary
| Market revenue in 2023 | USD 4,068.3 million |
| Market revenue in 2030 | USD 5,930.8 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-residential |
| Key market players worldwide | Mohawk Industries Inc, Armstrong World Industries Inc, Antelope Enterprise Holdings Ltd, Kajaria Ceremics, Atlas Concorde, RAK Ceramics, Victoria PLC, Florida Tile Industries Inc, Porcelanosa, GRUPPO CERAMICHE RICCHETTI, Monalisa Group, New Pearl Group, Florim Ceramiche |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.9% of the global ceramic tiles market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia ceramic tiles market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,930.8 million by 2030.
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Ceramic Tiles Market Scope
Ceramic Tiles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia ceramic tiles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ceramic tiles market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 59.99% in 2023. Horizon Databook has segmented the Saudi Arabia ceramic tiles market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is expected to account for a significant share of the market owing to continued investment by the government in infrastructure projects at a cost of USD 180 billion per year between 2015 and 2019.
According to a study by Alpen Capital, the growing efforts of the Saudi government to improve tourism in the country are expected to propel construction activities in hospitality and retail industries. This is projected to have a positive impact on ceramic tiles market in the country.
Rising population in Saudi Arabia is expected to drive construction activities in the country. Rising investments by the government to improve railways and road infrastructure is further expected to boost ceramic tiles market in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia ceramic tiles market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia ceramic tiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia ceramic tiles market size, by application, 2018-2030 (US$M)
Saudi Arabia Ceramic Tiles Market Outlook Share, 2023 & 2030 (US$M)
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