Market Research Report
Saudi Arabia Vinyl Flooring Market - Growth, Trends, and Forecasts (2020-2025)
|Published by||Mordor Intelligence LLP||Product code||937866|
|Published||Content info||150 Pages
Delivery time: 2-3 business days
|Saudi Arabia Vinyl Flooring Market - Growth, Trends, and Forecasts (2020-2025)|
|Published: May 1, 2020||Content info: 150 Pages||
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.
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.
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.