Saudi Arabia Sanitaryware Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The sanitaryware market in Saudi Arabia has witnessed tremendous growth in the past few years. Saudi Arabia is one of the main hubs for sanitary ware market players in the GCC region. Increasing government initiatives to support affordable housing, rising demand from the commercial and institutional sectors such as hotels, offices, schools, colleges is also augmenting demand for sanitary ware products in a huge way. The real estate sector is expected to continue witnessing healthy growth owing to rising housing demand by local as well as the immigrant population, which would propel the market for sanitary ware products in Saudi Arabia. Moreover, increasing the purchasing power of consumers is further expected to propel demand growth in the market.

Key Market Trends

Housing Sector is Driving the Market for Sanitaryware in Saudi Arabia

The rising demand for houses in Saudi Arabia has led to considerable growth in the real estate sector. The demand for sanitary ware products from the housing sector has remained the backbone for the sanitary ware market in Saudi Arabia. The rising domestic as well as the increasing population, high urbanization, increasing nuclear family’s trend, etc. have led to a higher demand for houses than the earlier times. The high disposable income of individuals in Saudi Arabia has enabled the individuals in Saudi Arabia to purchase the apartments. Domestic sanitary ware demand in the country is primarily driven by growth in construction activities and increasing housing demand.

Ceramics is One of the Most Widely Used Materials for Sanitaryware Production

The ceramic segment, which holds the major share in the market, is expected to witness the highest growth in terms of value and volume during the forecast period. The demand for ceramic sanitary wares is expected to grow substantially because of the rise in investments in commercial spaces and core projects, such as airports, hospitals, hotels, and construction projects. The formability and pourability of the ceramic material allow the creation of several sanitary ware products. Owing to its versatility and pleasant appearance, ceramic is the most popular material that is used to manufacture high-quality sanitary fittings.

Competitive Landscape

The report covers major international players operating in the Saudi Arabia sanitaryware market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support