Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Middle East & Africa Industrial & Commercial Flooring Market, The Middle East & Africa Industrial & Commercial Flooring Market size is estimated to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024–30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Middle East & Africa Industrial & Commercial Flooring Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2024-2030
- CAGR (2024-2030): 6.4%
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Middle East & Africa Industrial & Commercial Flooring Market Segmentation Breakdown:
The Middle East & Africa Industrial & Commercial Flooring Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Material
- Resilient Flooring- Market Size & Forecast 2019-2030 (Million Square Meters)
- Vinyl Flooring- Market Size & Forecast 2019-2030 (Million Square Meters)
- Rubber Flooring- Market Size & Forecast 2019-2030 (Million Square Meters)
- Others (Linoleum, Cork, etc.) – Market Size & Forecast 2019-2030 (Million Square Meters)
- Non-resilient Flooring- Market Size & Forecast 2019-2030 (Million Square Meters)
- Epoxy- Market Size & Forecast 2019-2030 (Million Square Meters)
- Concrete- Market Size & Forecast 2019-2030 (Million Square Meters)
- Others (Stone, Ceramic, etc.) – Market Size & Forecast 2019-2030 (Million Square Meters)
- Soft Covering Flooring- Market Size & Forecast 2019-2030 (Million Square Meters)
- Rugs- Market Size & Forecast 2019-2030 (Million Square Meters)
- Broadlooms- Market Size & Forecast 2019-2030 (Million Square Meters)
- Carpets- Market Size & Forecast 2019-2030 (Million Square Meters)
- Others (Seamless Flooring, Wood & Laminates, etc.) – Market Size & Forecast 2019-2030 (Million Square Meters)
The Resilient Flooring segment is anticipated to hold a major share of the Middle East & Africa Industrial & Commercial Flooring Market in the forecast period, owing to the surging demand for durable, versatile, and cost-effective industrial & commercial flooring solutions in the region.
By End User
- Chemicals- Market Size & Forecast 2019-2030 (Million Square Meters)
- Food & Beverages- Market Size & Forecast 2019-2030 (Million Square Meters)
- Healthcare- Market Size & Forecast 2019-2030 (Million Square Meters)
- Manufacturing & Warehousing- Market Size & Forecast 2019-2030 (Million Square Meters)
- Retail & Commercial Spaces- Market Size & Forecast 2019-2030 (Million Square Meters)
- Automotive- Market Size & Forecast 2019-2030 (Million Square Meters)
- Government & Public- Market Size & Forecast 2019-2030 (Million Square Meters)
- Others (Hospitality, Education, Sports, etc.) – Market Size & Forecast 2019-2030 (Million Square Meters)
The Chemicals segment is poised for significant growth in the Middle East & Africa Industrial & Commercial Flooring Market, driven by the region’s abundant natural resources leading to the increased manufacturing of petrochemicals, fertilizers, specialty chemicals, etc.
By Sales Channel
- Direct Sales- Market Size & Forecast 2019-2030, (Million Square Meters)
- Multi Brand Stores & Exclusive Outlets- Market Size & Forecast 2019-2030, (Million Square Meters)
- Online- Market Size & Forecast 2019-2030, (Million Square Meters)
Geographical Growth Insights:
By Country
- The UAE
- Saudi Arabia
- Oman
- Qatar
- Morocco
- Egypt
- South Africa
- Nigeria
- Rest of the Middle East & Africa
The UAE is expected to hold a significant share in the Middle East & Africa Industrial & Commercial Flooring Market owing to the UAE’s diversified economy and thriving sectors such as manufacturing, retail, and tourism, driving substantial demand for industrial & commercial flooring across various end-user industries.
MarkNtel Advisors Highlights Key Market Drivers for Middle East & Africa Industrial & Commercial Flooring Market:
Government Initiatives Towards Hospitality Sector to Facilitate Industrial & Commercial Flooring Demand – Government bodies in the Middle East & Africa are increasingly directing their attention towards tourism development, recognizing its potential to drive economic growth, create jobs, and diversify revenue streams. Government bodies in countries such as the UAE, Saudi Arabia, Egypt, etc., have laid various initiatives and policies like the UAE Vision 2021, National Agenda, Saudi Arabia’s Vision 2030, etc., for surging tourism across the countries. According to the National News, Saudi Arabia, the tourism revenue generated in 2023 was about USD 66 billion. Moreover, the emergence of new travel trends, including experiential tourism, and luxury travel, has created opportunities for hospitality businesses to cater to evolving consumer preferences. Also, with the proliferating tourism in the country, the demand for comfortable & premium hotels and resorts is surging significantly, leading to the expansion of the hospitality sector in the region. For instance,
- In 2023, the Egyptian Cabinet approved about USD 2.02 billion tourism initiative to boost hotel room capacity in the country in the upcoming years.
Hence, the increase in the tourism sector driven by government initiatives in the region is escalating the construction of various hotels, restaurants, and resorts, which is expected to generate the demand for commercial and institutional flooring in the Middle East & Africa.
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A Comprehensive Analysis of Leading Companies in Middle East & Africa Industrial & Commercial Flooring Market
- Sika GCC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- The Sherwin-Williams Company
- Mapei Middle East & East Africa
- LATICRETE Middle East LLC
- Amtico International
- Armstrong Flooring Inc.
- StonCor Middle East LLC (Flowcrete)
- Forbo Flooring Middle East DMCC
- Gerflor Middle East
- Interface, Inc.
- Twintec Middle East Industrial Flooring LLC
- James Halstead PLC
- Others
India Automotive Paints & Coatings Market Recent Development:
- 2022: CoGri Group,opened its new office in the Kingdom of Saudi Arabia in addition to the company’s existing office operating in Dubai.
What are the Challenges driving the Middle East & Africa Industrial & Commercial Flooring Market?
Stringent Regulations Associated with Incorporation of Volatile Organic Compounds (VOCs) in Flooring Manufacturing to Restrict Market Growth – The growing concerns over indoor air quality and environmental sustainability have resulted in the formulation of stringent regulations regarding VOCs’ use in flooring manufacturing. Governments in countries such as Saudi Arabia, the UAE, Qatar, South Africa, etc., have enacted measures to limit VOCs in flooring materials, particularly in institutional and commercial buildings where occupants spend a significant amount of time.
These regulations mandate the use of low-VOC or VOC-free flooring products to minimize health risks associated with indoor air pollution, such as respiratory issues and allergic reactions. To comply with these standards, the overall production cost of industrial & commercial flooring is rising significantly. Moreover, the cost associated with the certification and production of flooring with alternate compounds further aids the total cost of flooring products, which is leading to its lower adoption rates among end users, thus hampering the Middle East & Africa Industrial & Commercial Flooring Market growth.
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