Middle East & Africa Light Gauge Steel Framing Market Size & Outlook
Middle East & Africa light gauge steel framing market, 2017-2030 (US$M)
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MEA light gauge steel framing market highlights
- The MEA light gauge steel framing market generated a revenue of USD 2,870.4 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, wall bearing steel framing was the largest revenue generating type in 2023.
- Skeleton steel framing is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,870.4 million |
| Market revenue in 2030 | USD 4,128.8 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Wall bearing steel framing |
| Fastest growing segment | Skeleton steel framing |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skeleton steel framing, Wall bearing steel framing, Long span steel framing |
| Key market players worldwide | Arkitech, Tata BlueScope Steel, ClarkDietrich Building Systems, Hadley Group, QSI Interiors, Steel Frame Solutions, The Steel Network, CEMCO, Genesis Manazil, Precision Walls, Inc., Metek |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global light gauge steel framing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,431.0 million by 2030.
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Light Gauge Steel Framing Market Scope
Light Gauge Steel Framing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa light gauge steel framing 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 light gauge steel framing market will help companies and investors design strategic landscapes.
Wall bearing steel framing was the largest segment with a revenue share of 46.31% in 2023. Horizon Databook has segmented the Middle East & Africa light gauge steel framing market based on skeleton steel framing, wall bearing steel framing, long span steel framing covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of light gauge steel framing 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 light gauge steel framing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa light gauge steel framing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA light gauge steel framing market size, by country, 2017-2030 (US$M)
Middle East & Africa Light Gauge Steel Framing Market Outlook Share, 2023 & 2030 (US$M)
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