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.
According to MarkNtel Advisors study, The Middle East & Africa Industrial & Commercial Flooring Market is estimated to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024-30.
The increasing environmental awareness and commitment to climate change mitigation is leading the governments and developers to prioritize green building practices in the region. The stringent rules and green building certification programs like LEED (Leadership in Energy and Environmental Design) and Estidama are further encouraging the use of environmentally friendly construction processes and materials.
With the surging construction of green buildings such as the Qatar University Health Center, the Sustainable City, Dubai, etc., in countries, such as the UAE, Saudi Arabia, Qatar, and others, the demand for sustainable flooring products is increasing significantly. Consequently, there is a notable shift towards the adoption of sustainable flooring materials such as bamboo, cork, recycled rubber, and low-VOC (volatile organic compound) products.
Moreover, companies such as Flowcrete, Gerflor, etc., are providing sustainable flooring solutions to cater to the surging demand for green construction emerging as a major trend in the Middle East & Africa Industrial & Commercial Flooring Market.
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Market Growth Driver: 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.
Middle East & Africa Industrial & Commercial Flooring Market Key Players:
Sika GCC, 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, and James Halstead PLC, among others
Market Segmentation Overview:
By Material
-Resilient Flooring
–Vinyl Flooring
–Rubber Flooring
–Others (Linoleum, Cork, etc.)
-Non-resilient Flooring
–Epoxy
–Concrete
–Others (Stone, Ceramic, etc.)
–Soft Covering Flooring
–Rugs
–Broadlooms
–Carpets
-Others (Seamless Flooring, Wood & Laminates, etc.)
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. Industrial warehouses, production facilities, etc., need resilient flooring systems for efficient functioning and minimum maintenance requirements, thus increasing the demand.
Moreover, the increasing demand for resilient floorings, such as vinyl, rubber, etc., from high-traffic environments prevalent in industrial and commercial settings is also augmenting its market growth. Additionally, the ability of resilient flooring to offer resistance to wear & tear, abrasion, moisture, and chemicals makes it crucial for industrial settings. Hence, the minimal maintenance required by these flooring solutions, reducing long-term operational costs for businesses, is surging its adoption among end users.
By End User
-Chemicals
-Food & Beverages
-Healthcare
-Manufacturing & Warehousing
-Retail & Commercial Spaces
-Automotive
-Government & Public
-Others (Hospitality, Education, Sports, etc.)
By Sales Channel
-Direct Sales
-Multi Brand Stores & Exclusive Outlets
-Online
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By Region
- The UAE
- Saudi Arabia
- Oman
- Qatar
- Morocco
- Egypt
- South Africa
- Nigeria
- Rest of the Middle East & Africa
The Saudi Arabia Cardiovascular 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.
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