Cement Market in Saudi Arabia 2024-2028

The cement market in Saudi Arabia is forecasted to grow by USD 2248.06 mn during 2023-2028, accelerating at a CAGR of 6.27% during the forecast period. The report on the cement market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by launch of saudi vision 2030, increased government spending on infrastructure, and growth of housing mortgage sector.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.69%
CAGR	6.27%
Incremental Value	$2248.06mn

Technavio's cement market in Saudi Arabia is segmented as below:

By Application

Residential
Commercial

By Type

Blended
Portland
Others

By Location

Central
Western
Southern
Eastern
Northern

This study identifies the construction of low-power-consuming cement plants as one of the prime reasons driving the cement market in Saudi Arabia growth during the next few years. Also, the use of alternative fuels and a high preference for ready-mix cement will lead to sizable demand in the market.

The report on the cement market in Saudi Arabia covers the following areas:

Cement market in Saudi Arabia sizing
Cement market in Saudi Arabia forecast
Cement market in Saudi Arabia industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cement market in Saudi Arabia vendors that include Al Madina Cement Co., Al Rashed Cement Co., Al Safwa Ltd., Epcco Publishing Group Ltd., Hail Cement Co., Najran Cement Co., Northern Region Cement Co., Qassim Cement Co., Saudi Cement Co., Tabuk Cement Co., Umm Al Qura Cement Co., United Cement Industrial Co., Yamama Saudi Cement Co., and Yanbu Cement Co.. Also, the cement market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70277

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Application
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Location
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on Saudi Arabia: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Saudi Arabia: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Cement market in Saudi Arabia 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on cement market in saudi Arabia 2018 - 2022 ($ million)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Location Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Location Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 27: Chart on Application - Market share 2023-2028 (%)
Exhibit 28: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 29: Chart on Comparison by Application
Exhibit 30: Data Table on Comparison by Application
6.3 Residential - Market size and forecast 2023-2028
Exhibit 31: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.4 Commercial - Market size and forecast 2023-2028
Exhibit 35: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 39: Market opportunity by Application ($ million)
Exhibit 40: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 41: Chart on Type - Market share 2023-2028 (%)
Exhibit 42: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 43: Chart on Comparison by Type
Exhibit 44: Data Table on Comparison by Type
7.3 Blended - Market size and forecast 2023-2028
Exhibit 45: Chart on Blended - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Blended - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Blended - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Blended - Year-over-year growth 2023-2028 (%)
7.4 Portland - Market size and forecast 2023-2028
Exhibit 49: Chart on Portland - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Portland - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Portland - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Portland - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
Exhibit 53: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 55: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
Exhibit 57: Market opportunity by Type ($ million)
Exhibit 58: Data Table on Market opportunity by Type ($ million)

8 Market Segmentation by Location

8.1 Market segments
Exhibit 59: Chart on Location - Market share 2023-2028 (%)
Exhibit 60: Data Table on Location - Market share 2023-2028 (%)
8.2 Comparison by Location
Exhibit 61: Chart on Comparison by Location
Exhibit 62: Data Table on Comparison by Location
8.3 Central - Market size and forecast 2023-2028
Exhibit 63: Chart on Central - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on Central - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on Central - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Central - Year-over-year growth 2023-2028 (%)
8.4 Western - Market size and forecast 2023-2028
Exhibit 67: Chart on Western - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Western - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Western - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Western - Year-over-year growth 2023-2028 (%)
8.5 Southern - Market size and forecast 2023-2028
Exhibit 71: Chart on Southern - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Southern - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Southern - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Southern - Year-over-year growth 2023-2028 (%)
8.6 Eastern - Market size and forecast 2023-2028
Exhibit 75: Chart on Eastern - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Eastern - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Eastern - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Eastern - Year-over-year growth 2023-2028 (%)
8.7 Northern - Market size and forecast 2023-2028
Exhibit 79: Chart on Northern - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Northern - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Northern - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Northern - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity by Location
Exhibit 83: Market opportunity by Location ($ million)
Exhibit 84: Data Table on Market opportunity by Location ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 85: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 86: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 87: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 88: Overview on factors of disruption
11.4 Industry risks
Exhibit 89: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 90: Vendors covered
12.2 Market positioning of vendors
Exhibit 91: Matrix on vendor position and classification
12.3 Al Madina Cement Co.
Exhibit 92: Al Madina Cement Co. - Overview
Exhibit 93: Al Madina Cement Co. - Product / Service
Exhibit 94: Al Madina Cement Co. - Key offerings
12.4 Al Rashed Cement Co.
Exhibit 95: Al Rashed Cement Co. - Overview
Exhibit 96: Al Rashed Cement Co. - Product / Service
Exhibit 97: Al Rashed Cement Co. - Key offerings
12.5 Al Safwa Ltd.
Exhibit 98: Al Safwa Ltd. - Overview
Exhibit 99: Al Safwa Ltd. - Product / Service
Exhibit 100: Al Safwa Ltd. - Key offerings
12.6 Epcco Publishing Group Ltd.
Exhibit 101: Epcco Publishing Group Ltd. - Overview
Exhibit 102: Epcco Publishing Group Ltd. - Product / Service
Exhibit 103: Epcco Publishing Group Ltd. - Key offerings
12.7 Hail Cement Co.
Exhibit 104: Hail Cement Co. - Overview
Exhibit 105: Hail Cement Co. - Product / Service
Exhibit 106: Hail Cement Co. - Key offerings
12.8 Najran Cement Co.
Exhibit 107: Najran Cement Co. - Overview
Exhibit 108: Najran Cement Co. - Product / Service
Exhibit 109: Najran Cement Co. - Key offerings
12.9 Northern Region Cement Co.
Exhibit 110: Northern Region Cement Co. - Overview
Exhibit 111: Northern Region Cement Co. - Product / Service
Exhibit 112: Northern Region Cement Co. - Key offerings
12.10 Qassim Cement Co.
Exhibit 113: Qassim Cement Co. - Overview
Exhibit 114: Qassim Cement Co. - Product / Service
Exhibit 115: Qassim Cement Co. - Key offerings
12.11 Saudi Cement Co.
Exhibit 116: Saudi Cement Co. - Overview
Exhibit 117: Saudi Cement Co. - Product / Service
Exhibit 118: Saudi Cement Co. - Key offerings
12.12 Tabuk Cement Co.
Exhibit 119: Tabuk Cement Co. - Overview
Exhibit 120: Tabuk Cement Co. - Product / Service
Exhibit 121: Tabuk Cement Co. - Key offerings
12.13 Umm Al Qura Cement Co.
Exhibit 122: Umm Al Qura Cement Co. - Overview
Exhibit 123: Umm Al Qura Cement Co. - Product / Service
Exhibit 124: Umm Al Qura Cement Co. - Key offerings
12.14 United Cement Industrial Co.
Exhibit 125: United Cement Industrial Co. - Overview
Exhibit 126: United Cement Industrial Co. - Product / Service
Exhibit 127: United Cement Industrial Co. - Key offerings
12.15 Yamama Saudi Cement Co.
Exhibit 128: Yamama Saudi Cement Co. - Overview
Exhibit 129: Yamama Saudi Cement Co. - Product / Service
Exhibit 130: Yamama Saudi Cement Co. - Key offerings
12.16 Yanbu Cement Co.
Exhibit 131: Yanbu Cement Co. - Overview
Exhibit 132: Yanbu Cement Co. - Product / Service
Exhibit 133: Yanbu Cement Co. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 134: Inclusions checklist
Exhibit 135: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 136: Currency conversion rates for US$
13.4 Research methodology
Exhibit 137: Research methodology
Exhibit 138: Validation techniques employed for market sizing
Exhibit 139: Information sources
13.5 List of abbreviations
Exhibit 140: List of abbreviations