PUBLISHER: TechSci Research | PRODUCT CODE: 1095263
PUBLISHER: TechSci Research | PRODUCT CODE: 1095263
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Saudi Arabia interior fit out market was valued at USD1211.69 million in the year 2021, that is further expected to grow with 6.85% CAGR during the forecast period 2023-2027F, to be valued at USD1821.34 million by 2027F. Growth of the Saudi Arabia interior fit out market can be attributed to expanding interior designing industry. Growing demand from the valued monuments and pilgrimages in the country also play a very important role in driving the growth of the Saudi Arabia interior fit out market in the upcoming five years. Higher investments in the sector, coupled with advancement in the designer products and service equipment also substantiate the growth of the Saudi Arabia interior fit out market in the next five years. Growing sustainable development of building infrastructure, demand for renovation, etc. further aid the growth of the Saudi Arabia interior fit out market in the future five years. Factors like expanding construction industry, and considerable shift in the digitally integrated interior designing and growing demand for green building construction facilitates the growth of the Saudi Arabia interior fit out market in the forecast years through 2027F. Growing government initiatives and investments in the construction, along with the rising disposable income among the population also facilitates the growth of the Saudi Arabia interior fit out market in the forecast period.
The Saudi Arabia interior fit out market is segmented by application, ownership, regional distribution, and competitive landscape. Based on application, the market is fragmented into residential, hospitality, commercial, retail, education, healthcare, and others. By ownership, the market is differentiated between self-owned and rented. On the basis of regional analysis, the market is divided into Makkah, Riyadh, Eastern Province, and rest of Saudi Arabia. By application, the commercial sector is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of growing construction of corporate offices and demand for aesthetic interiors.
A&T Group Interiors, Construction & Planning Co. Ltd, Al Mashsha Contracting, Havelock One Interiors WLL, Baumat, ASP Saudi Trading Company, Archi Decor, AGE Interior & Fit Out among others are the major market players in the Saudi Arabia Interior Fit Out Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia interior fit out market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia Interior Fit Out Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia interior fit out market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: