This Future Market Insights report, Middle East Flooring and Carpet Market: Middle East Industry Study and Opportunity Assessment, 2016-2026, provides a clear and insightful analysis of the local market. The research provides a thorough analysis of the market’s psychology and goes into great detail on a number of key factors that can have an impact on the market’s structure over the assessment period.
The report delves into the murkiest corners of Middle Eastern markets and provides some crucial, forward-looking information that is intimately related to the genetics of the market. The report predicted that the Middle East flooring and carpet market will grow significantly throughout the forecast period. During the assessment period, the market will flourish and grow at a CAGR of more than 5%.
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 products. The area of the world is slowly becoming one of the main tourist destinations, and the real estate market in this area is booming. A tsunami of new investment is prospering the economy, which is glistening. The Middle East flooring and carpet market is expanding due to the overall economic recovery. The market sells some of the highest quality carpets, rugs, fake grass, laminated flooring, and carpet brands to various countries across the globe.The desire for these niche products is greatest in various parts of the world, and our market study predicts a rise in demand for these premium goods over the next few years. According to the report, both home and commercial clients would be served by the flooring and carpet market in the Middle East.
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The market is extremely challenging as most of the customers of this segment do have an eye for details and they are eager to shell out some extra bucks to get the best possible products from the market. To cope up with this new breed of customers the manufacturers are polishing their skills and tabling custom made products to stay afloat in this competitive market. Lucrative discounts, advanced 3D technology is introduced in the market to enhance the customer outreach. The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government.
The market is segmented into commercial, residential offices, hospital and healthcare, industrial application, automotive, and retail based on application type. Polypropylene, polyester, other materials, and nylon are among the raw materials used in this industry. Within the assessment period, the study predicts that the growth of new luxury aware clients, the expansion of the region’s economy, and increased demand for these products in educational institutes, hospitals, and hotels would propel the market ahead.
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
Regional Analysis
Qatar and Kuwait will be significant contributors to the growth of the Middle East flooring and carpet market. As Qatar will be the hosting mega football event in the year 2022, thus it will affect the market periphery of the flooring and carpet. Apart from this other country of this region such as UAE, Egypt, Iran, Kuwait, Bahrain, Oman and Turkey will also showcase good development in the market.
Vendor Insights
Some of the prime players who are operating in this segment are Cerner Corporation, Care Fusion Corporation, Kirby Lester LLC, Swisslog Holdings AG etc.
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Middle East Flooring and Carpet Market by Market Segmentation
By Product Type
- Carpets
- Tufting
- Woven
- Rugs
- Accent Rugs
- Area Rugs
- Others Rugs
- Artificial Grass
- Carpet Tiles
- Vinyl Flooring
- Laminate Parquet Flooring[1]
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
- United Arab Emirates
- Egypt
- Turkey
- Iran
- Qatar
- Oman
- Kuwait
- Bahrain
- Jordan
- Rest of Middle East
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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