In 2022, the Middle East flooring and carpet ecosystem was valued at USD 9,432.1 million. This is expected to increase to USD 10,169.2 million by 2023. Demand for flooring and carpets in the Middle East is anticipated to grow at a 7.8% CAGR during the forecast period, reaching a valuation of USD 21,521.3 million by 2033.
Manufacturers are able to introduce eye catching and innovative designs on carpets as a result of advancements in printing technology. This is anticipated to be a significant market trend. The Middle East flooring and carpet market is expected to increase during the forecast period due to manufacturers being encouraged to introduce goods with a variety of styles and patterns in response to the growing demand for novel carpet styles and designs.
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The players are trying to minimize the constraints and concentrate on increasing production capabilities by using sophisticated machinery and technical advancements. The demand for strong aesthetics that are both natural looking and adaptable is driving the floor covering market in the Middle East.
Key Takeaways from the Analysis
- Saudi Arabia is anticipated to expand at a rate of 9% CAGR.
- UAE’s flooring and carpet business is expected to garner an 8.1% CAGR between 2023 and 2033.
- The market in Qatar is expected to grow at a 9.4% CAGR until 2033.
- From 2023 to 2033, Oman is anticipated to endure at a 4.9% CAGR.
- Over the projected period, an 8.7% CAGR is expected for the landscape in Kuwait.
- By 2023, the carpets category is projected to have grown to a market share of 32.9%.
- The residential segment is likely to account for 35.2% of the global market in 2023.
“Consumers in the Middle East are inclined towards renovating the buildings with aesthetic carpets, laminates and rugs. This is boosting the demand for flooring and carpet made with innovative and smart features,” remarks an FMI analyst.
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Competitive Landscape
A key tactic for participants in the Middle East flooring and carpet ecosystem is sustainability. They understand that consumers are becoming more and more interested in eco friendly goods and production methods. This entails minimizing energy use, cutting production waste, and obtaining sustainable materials.
Sustainable flooring options—like cork, bamboo, and recycled materials—are being pushed in line with the growing environmental consciousness of the region. Companies are demonstrating their dedication to sustainable practices by pursuing certifications such as LEED (Leadership in Energy and Environmental Design). This not only tackles environmental issues but also attracts consumers who value eco friendly and ethical decisions, which eventually improves the standing and competitiveness of Middle East manufacturers.
Key Developments
- In 2021, B.I.G. Yarns, a division of Beaulieu International Group, declared that they were working on EqoCycle, a fully recyclable PA6 yarn that has 75% recycled content and performs similarly to virgin PA6 yarn.
- RAK Ceramics will supply kitchen and bathroom equipment and tiles to 26 residential units at Azizi’s Riviera Waterfront project in Dubai by 2023. The project will make use of high end products from RAK Ceramics, such as its most modern porcelain tile line and its giant format tile maximus mega slab.
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
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the Middle East flooring and carpet market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the Middle East flooring and carpet market, the market is segmented on the basis of product type (carpets, tufting, woven), material (polypropylene, nylon, polyester), and application (residential, commercial offices, retail) across ten main countries (Saudi Arabia, the UAE, Qatar, Turkiye, Egypt, Jordan, Kuwait, Bahrain, Oman, and Qatar).
About the Consumer Product Division at Future Market Insights
The consumer product domain at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 billion+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
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