Market Trends of Saudi Arabia Sanitaryware Industry
Housing Sector is Driving the Market for Sanitaryware in Saudi Arabia
The rising demand for houses in Saudi Arabia has led to considerable growth in the real estate sector. The demand for sanitary ware products from the housing sector has remained the backbone for the sanitary ware market in Saudi Arabia. The rising domestic as well as the increasing population, high urbanization, increasing nuclear family’s trend, etc. have led to a higher demand for houses than the earlier times. The high disposable income of individuals in Saudi Arabia has enabled the individuals in Saudi Arabia to purchase the apartments. Domestic sanitary ware demand in the country is primarily driven by growth in construction activities and increasing housing demand.
Ceramics is One of the Most Widely Used Materials for Sanitaryware Production
The ceramic segment, which holds the major share in the market, is expected to witness the highest growth in terms of value and volume during the forecast period. The demand for ceramic sanitary wares is expected to grow substantially because of the rise in investments in commercial spaces and core projects, such as airports, hospitals, hotels, and construction projects. The formability and pourability of the ceramic material allow the creation of several sanitary ware products. Owing to its versatility and pleasant appearance, ceramic is the most popular material that is used to manufacture high-quality sanitary fittings.
