Middle East & Africa Flooring Market Size & Outlook
Middle East & Africa flooring market, 2018-2030 (US$M)
Related Markets
MEA flooring market highlights
- The MEA flooring market generated a revenue of USD 31,886.5 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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.
MEA data book summary
| Market revenue in 2023 | USD 31,886.5 million |
| Market revenue in 2030 | USD 44,645.4 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | Mohawk Industries Inc, Tarkett SA, Forbo Holding AG, Interface Inc, James Halstead PLC, Atlas Copco AB ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 20.3% of the global flooring market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 88,717.4 million by 2030.
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Flooring Market Scope
Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa flooring 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 flooring market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 57.96% in 2023. Horizon Databook has segmented the Middle East & Africa flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The countries in the Middle East & Africa are focusing on their industrialization, as well as on the diversification of their economies to reduce their reliance on the oil & gas industry. This is expected to lead to the growth of the construction industry in the region during the forecast period.
Ongoing urbanization and improving standard of living of the masses, owing to their increasing per capita income, are further expected to boost commercial and residential construction activities in the Middle East & Africa in the coming years.
Moreover, improved funding for infrastructural development by the governments of different countries in the Middle East & Africa, owing to the availability of financing options such as public-private partnerships and private investment funds, is expected to boost the growth of the infrastructure industry in the region.
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Our clientele includes a mix of flooring market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa flooring market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Flooring Market Outlook Share, 2023 & 2030 (US$M)
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