Saudi Arabia Resilient Flooring Market Size & Outlook
Saudi Arabia resilient flooring market, 2018-2030 (US$M)
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Saudi Arabia resilient flooring market highlights
- The Saudi Arabia resilient flooring market generated a revenue of USD 141.4 million in 2023 and is expected to reach USD 235.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, non-residential was the largest revenue generating application in 2023.
- Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
Resilient flooring market data book summary
| Market revenue in 2023 | USD 141.4 million |
| Market revenue in 2030 | USD 235.7 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Non-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, Forbo Holding AG, Interface Inc, Tarkett SA, Berkshire Hathaway Inc Class A, Beaulieu International Group, Gerflor Group, Fatra, A.S., IVC Group, Mondo Sport&Flooring |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global resilient flooring market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia resilient flooring 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 235.7 million by 2030.
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Resilient Flooring Market Scope
Resilient Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia resilient 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 resilient flooring market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 74.12% in 2023. Horizon Databook has segmented the Saudi Arabia resilient flooring market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Growing population and housing demand in oil rich country along with positive outlook for transport, banking financial services and insurance (BFSI) are expected to drive the demand for flooring products in the country.
Government initiatives in development of smart cities as well as investment in infrastructural projects is projected to drive the demand for resilient floorings from residential as well as non-residential application segments over the projected period.
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Target buyers of Saudi Arabia resilient flooring market databook
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Our clientele includes a mix of resilient flooring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia resilient flooring market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia resilient flooring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia resilient flooring market size, by application, 2018-2030 (US$M)
Saudi Arabia Resilient Flooring Market Outlook Share, 2023 & 2030 (US$M)
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