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: The increasing real estate development projects as well as the growing demand for residential property in Saudi Arabia has infused the growth of home furniture in the country. Moreover, the government of Saudi Arabia has taken several initiatives, such as the Housing Program Vision 2030, the Sakani Program, and the Ministry of Housing Infrastructure Program, which has heightened the establishment of new residential units in the country.
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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