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Saudi Arabia Vinyl Flooring Market Report and Forecast 2024-2032

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    Report

  • 163 Pages
  • March 2024
  • Region: Saudi Arabia
  • Expert Market Research
  • ID: 5952405
According to the report, the Saudi Arabia vinyl flooring market reached a value of USD 63 million in 2023. Aided by the increasing adoption of vinyl flooring solutions across various sectors in the region, the market is projected to further grow at a CAGR of 5.9% between 2024 and 2032 to reach a value of USD 112.30 million by 2032.

Vinyl flooring, known for its durability, versatility, and aesthetic appeal, has become a preferred choice for both residential and commercial applications in Saudi Arabia. The material's resistance to moisture, ease of maintenance, and wide range of designs and finishes cater to the diverse needs and preferences of consumers. Furthermore, advancements in manufacturing techniques have led to the production of high-quality vinyl flooring that mimics the appearance of natural materials such as wood and stone, enhancing its attractiveness among end-users.

The Saudi Arabia vinyl flooring market growth is significantly influenced by the rapid development of the construction sector, driven by government initiatives such as Vision 2030. This ambitious plan aims to diversify the economy and includes substantial investments in infrastructure, residential, and commercial projects, thereby creating a surge in demand for vinyl flooring solutions. Additionally, the region's focus on sustainable and green building practices has further fuelled the adoption of eco-friendly vinyl flooring products, aligning with global environmental trends.

According to the Saudi Arabia vinyl flooring market analysis, consumer preferences in Saudi Arabia are evolving, with a growing emphasis on interior aesthetics, functionality, and sustainability. This shift has led to an increased demand for high-quality, design-oriented vinyl flooring options that meet the criteria for eco-friendliness and health safety standards. The market is responding by introducing innovative products that incorporate recycled materials, offer improved air quality, and possess anti-bacterial properties, catering to the health-conscious consumer.

Technological advancements further influence the Saudi Arabia vinyl flooring market outlook. The integration of digital printing technology has revolutionised the design capabilities of vinyl flooring, allowing for the creation of custom patterns and realistic textures. Moreover, developments in wear layer technology have enhanced the durability and longevity of vinyl flooring products, making them more appealing to both residential and commercial users.

Market Segmentation

The market can be divided based on product and application.

Market Breakup by Product

  • Vinyl Sheets
  • Vinyl Composite Tile
  • Luxury Vinyl Tile

Market Breakup by Application

  • Residential
  • Commercial

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global Saudi Arabia vinyl flooring market. Some of the major players explored in the report are as follows:
  • Forbo Holding Ltd.
  • AHF, LLC
  • Polyflor Ltd.
  • Gerflor SAS
  • Engineered Floors, LLC (J&J Flooring LLC)
  • Abbas Al Muhaishi Group (AAMTAC Company Ltd.)
  • Tarkett Group
  • Toli Corp.
  • Others


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Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Opportunities and Challenges in the Market
8 Middle East and Africa Vinyl Flooring Market Overview
8.1 Key Industry Highlights
8.2 Middle East and Africa Vinyl Flooring Historical Market (2018-2023)
8.3 Middle East and Africa Vinyl Flooring Market Forecast (2024-2032)
9 Saudi Arabia Vinyl Flooring Market Overview
9.1 Key Industry Highlights
9.2 Saudi Arabia Vinyl Flooring Historical Market (2018-2023)
9.3 Saudi Arabia Vinyl Flooring Market Forecast (2024-2032)
10 Saudi Arabia Vinyl Flooring Market by Product
10.1 Vinyl Sheets
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Vinyl Composite Tile
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Luxury Vinyl Tile
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Saudi Arabia Vinyl Flooring Market by Application
11.1 Residential
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Forbo Holding Ltd.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 AHF, LLC
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Polyflor Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Gerflor SAS
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Engineered Floors, LLC (J&J Flooring LLC)
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Abbas Al Muhaishi Group (AAMTAC Company Ltd.)
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Tarkett Group
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Toli Corp.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Middle East and Africa Vinyl Flooring Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia Vinyl Flooring Market: Key Industry Highlights, 2018 and 2032
3. Saudi Arabia Vinyl Flooring Historical Market: Breakup by Product (USD Million), 2018-2023
4. Saudi Arabia Vinyl Flooring Market Forecast: Breakup by Product (USD Million), 2024-2032
5. Saudi Arabia Vinyl Flooring Historical Market: Breakup by Application (USD Million), 2018-2023
6. Saudi Arabia Vinyl Flooring Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Saudi Arabia Vinyl Flooring Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Saudi Arabia Vinyl Flooring Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032

Companies Mentioned

  • Forbo Holding Ltd.
  • AHF LLC
  • Polyflor Ltd.
  • Gerflor SAS
  • Engineered Floors LLC (J&J Flooring LLC)
  • Abbas Al Muhaishi Group (AAMTAC Company Ltd.)
  • Tarkett Group
  • Toli Corp.

Methodology

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