Saudi Arabia Vinyl Flooring Market Size
Study Period | 2019 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2019 - 2020 |
CAGR | 5.02 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Vinyl Flooring Market Analysis
Vinyl has been a popular choice for its durability and wide range of styles for many years. Vinyl tile is a flooring material that is generally inexpensive, easy to install, and easy to maintain. Made primarily from polyvinyl chloride resins and plasticizers, these flooring tiles are waterproof and very durable.
- The rising demand for low maintenance, cost-efficient, and lightweight construction materials in residential construction is likely to drive the market for vinyl floorings over the forecast period. Vinyl products are considered a cost-effective alternative for wood and carpet tiles and offer superior comfort, which is expected to further propel their demand during the forecast period.
- The vinyl flooring market has been very encouraging in the Kingdom of Saudi Arabia. These flooring materials are being imported from several countries, such as Belgium, China, the United States, Korea, and Slovenia.
Saudi Arabia Vinyl Flooring Market Trends
This section covers the major market trends shaping the Saudi Arabia Vinyl Flooring Market according to our research experts:
Commercial Sector is Dominating the Market for Vinyl Flooring Products in Saudi Arabia
Due to their increased durability, strength, and low maintenance required, vinyl floorings are witnessing increased demand in commercial spaces, such as offices, shopping malls, resorts, and hotels. This strong growth in office, industrial, and retail construction activities is the major factor that contributes to the increase in demand for vinyl flooring.
In addition, due to its superior properties, such as water-resistant nature, ease of cleaning, and ability to improve indoor air quality, vinyl flooring is often the product of choice for flooring in much modern healthcare and educational infrastructures, which is further aiding the growth of the market.
The Saudi Arabian government has invested in key infrastructure projects, such as the MRT metro rail line and airports, which are expected to fuel the market demand for flooring products, such as vinyl flooring products.
Luxury Vinyl Tiles is the Most Dominant Product Category
Vinyl sheet and luxury vinyl tiles are one of the most widely sold products in the vinyl flooring category in the Saudi Arabian market. Manufacturers are coming up with product innovations in the vinyl flooring market that have resulted in unique designs and exclusive prints, textures, and formats in the luxury vinyl tile segment which is boosting the sales of vinyl flooring products in the country.
Moreover, in the GCC region, Saudi Arabia accounts for the highest market share in terms of sales of vinyl flooring products, especially for luxury vinyl tiles.
Saudi Arabia Vinyl Flooring Industry Overview
The Saudi Arabian vinyl flooring market is highly fragmented with the presence of players, such as Alsouriya, Forbo Flooring Systems, GerFlor Group, and KhalidSaad. The market players are expected to introduce products with low environmental impact and better durability to garner the attention of consumers. The players majorly compete on the basis of product quality and pricing.
Saudi Arabia Vinyl Flooring Market Leaders
Forbo Flooring Systems
Prime Floor KSA
Khalid Saad
Gerflor Group
Polyflor
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Vinyl Flooring Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET INSIGHTS AND DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Opportunities
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4.5 Industry Value Chain Analysis
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4.6 Porter's Five Forces Analysis
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4.7 Insights into Trends Shaping the Saudi Arabia Vinyl Flooring Market
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4.8 Insights into Recent Developments in the Industry
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Vinyl Sheet
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5.1.2 Vinyl Composite Tile
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5.1.3 Luxury Vinyl Tile
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5.2 By End User
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5.2.1 Residential
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5.2.2 Commercial
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5.3 By Distribution Channel
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5.3.1 Contractors
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5.3.2 Specialty Stores
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5.3.3 Home Centers
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5.3.4 Online
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5.3.5 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Competion Overview
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6.2 Company Profiles
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6.2.1 Forbo Flooring Systems
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6.2.2 Polyflor
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6.2.3 ArmStrong Flooring
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6.2.4 Gerflor Group
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6.2.5 KhalidSaad
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6.2.6 PrimeFloor
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6.2.7 AlSouriya
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6.2.8 Highmoon Furniture
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6.2.9 Toli Floor
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6.2.10 Abdul Rahman Al Shareef Group
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6.2.11 Al Souriya
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6.2.12 Racine
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6.2.13 Nesma Orbit
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- *List Not Exhaustive
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7. ANALYST VIEW AND FUTURE OF THE MARKET
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8. APPENDIX
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9. ABOUT US
Saudi Arabia Vinyl Flooring Industry Segmentation
This report aims to provide a detailed analysis of the Saudi Arabia vinyl flooring market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into various product and application types. It also analyzes the key players and the competitive landscape in the Saudi Arabian vinyl flooring market.
By Product | |
Vinyl Sheet | |
Vinyl Composite Tile | |
Luxury Vinyl Tile |
By End User | |
Residential | |
Commercial |
By Distribution Channel | |
Contractors | |
Specialty Stores | |
Home Centers | |
Online | |
Other Distribution Channels |
Saudi Arabia Vinyl Flooring Market Research FAQs
What is the current Saudi Arabia Vinyl Flooring Market size?
The Saudi Arabia Vinyl Flooring Market is projected to register a CAGR of 5.02% during the forecast period (2023-2028).
Who are the key players in Saudi Arabia Vinyl Flooring Market?
Forbo Flooring Systems, Prime Floor KSA, Khalid Saad, Gerflor Group and Polyflor are the major companies operating in the Saudi Arabia Vinyl Flooring Market.
Saudi Arabia Vinyl Flooring Industry Report
Statistics for the 2023 Saudi Arabia Vinyl Flooring market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Vinyl Flooring analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.