In 2022, the Middle East flooring and carpet market was valued at US$ 9,432.1 million. By the end of 2023, it is projected to reach US$ 10,169.2 million. Over the forecast period, sales of flooring and carpet products in the region are anticipated to increase at a Compound Annual Growth Rate (CAGR) of 7.8%, reaching US$ 21,521.3 million by 2033.
The study plunges deep into the darkest corners of Middle Eastern markets and provides some really important statistics that are closely related to genetic behaviour in market. In the projected year, as per the analysis made by them, there would be an enormous growth in Middle Eastern flooring and carpet industry.
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Weavers originated in this part of the world. There are some of the most well-known magicians in some parts of the world. The flooring and carpet market in the Middle East is booming and offers a wide range of goods. The area of the world is slowly becoming one of the main tourist destinations, and the real estate market in this area is booming.
The report delves deep into the darkest corners of the markets spread across the Middle East and tables some very crucial and futuristic data which are close-knitted with the genetic behaviour of the market. The report says that the Middle East flooring and carpet market will grow manifold within the forecast period. Within the assessment period the market will shine and rise it will record more than 5% CAGR.
Key Industry Trends and Highlights
- Sales via Online Retail Stores: To cater to the growing online consumer base, flooring and carpet companies are investing in user-friendly websites and e-commerce systems to enhance the online shopping experience.
- Personalization and Customization: Customers are seeking unique carpeting and flooring options that reflect their individual style and brand identity, whether for residential or commercial spaces.
- Innovative Flooring Solutions: Technology is being integrated into flooring solutions to offer a range of advanced features. Examples include heating systems for comfort, lighting connectivity for ambiance control, and interactive design components that respond to pressure or touch, exemplifying the emergence of smart flooring solutions.
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Key Players Are:
- Al Sorayai Group
- Abu Dhabi National Carpet Factory
- Mac Carpet
- Prado Egypt For Carpet
- Gheytaran Carpet
- Oriental Weavers
- Standard Carpets Ind. LLC.
- Saida Carpets
- Dormina
- Al Mira Carpet Factory
- Abdullatif Carpets
The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government. As per the application type, the market is fragmented into commercial, residential offices, hospital and healthcare, industrial application, automotive and retail. Several raw materials are used in this market and they are Polypropylene, polyester, other materials and nylon. The rise of the new luxury conscious customers, expanding the economy of the region and expanding demand for these products in educational institutes, hospitals and hospitality will drive the market forward in within the assessment period predicts the report.
Segment Analysis
- The nylon section will dominate more than 40% of the market share until the end of 2016 apart from this the other material segment of the market will also contribute significantly to the growth of the Middle East flooring and carpet market
- The residential segment will push the market ahead in 2016. The automotive application and hospitality segment will also show positive results in the assessment period
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Key Segments Covered in the Middle East Flooring and Carpet Ecosystem
By Product Type:
- Carpets
- Tufting
- Woven
- Rugs
- Accent Rugs
- Area Rugs
- Others Rugs
- Artificial Grass
- Carpet Tiles
- Vinyl Flooring
- Laminate Parquet Flooring
By Material:
- Polypropylene
- Nylon
- Polyester
- Others
By Application:
- Residential
- Commercial offices
- Retail
- Hospitality
- Healthcare and Hospitals
- Education Institutes
- Automotive
- Industrial
- Others
By Country:
- Saudi Arabia
- The UAE
- Egypt
- Turkiye
- Iran
- Qatar
- Oman
- Kuwait
- Bahrain
- Jordan
- Rest of Middle East
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