The latest report by MarkNtel Advisors, titled “Middle East & Africa Industrial & Commercial Flooring Market Report By Material (Resilient Flooring, (Vinyl Flooring, Rubber Flooring, Others (Linoleum, Cork, etc.)), Non-resilient Flooring, (Epoxy, Concrete, Others (Stone, Ceramic, etc.)), Soft Covering Flooring, (Rugs, Broadlooms, Carpets), Others (Seamless Flooring, Wood & Laminates, etc.)), By End User (Chemicals, Food & Beverages, Healthcare, Manufacturing & Warehousing, Retail & Commercial Spaces, Automotive, Government & Public, Others (Hospitality, Education, Sports, etc.)), By Sales Channel (Direct Sales, Multi Brand Stores & Exclusive Outlets, Online), Others, and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Middle East & Africa Industrial & Commercial Flooring Market research report.
What is the market outlook for Middle East & Africa Industrial & Commercial Flooring?
The Middle East & Africa Industrial & Commercial Flooring Market size is estimated to grow at a CAGR of around 6.4% during the forecast period 2024-30.
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Major Companies Operating in the Middle East & Africa Industrial & Commercial Flooring Industry:
Sika GCC, The Sherwin-Williams Company, Mapei Middle East & East Africa, LATICRETE Middle East LLC, Amtico International, Armstrong Flooring Inc, StonCor Middle East LLC (Flowcrete), Forbo Flooring Middle East DMCC, Gerflor Middle East, Interface, Inc, Twintec Middle East Industrial Flooring LLC, and James Halstead PLC, among others
Middle East & Africa Industrial & Commercial Flooring Market Report Segmentation:
By Material
-Resilient Flooring
–Vinyl Flooring
–Rubber Flooring
–Others (Linoleum, Cork, etc.)
-Non-resilient Flooring
–Epoxy
–Concrete
–Others (Stone, Ceramic, etc.)
-Soft Covering Flooring
–Rugs
–Broadlooms
–Carpets
-Others (Seamless Flooring, Wood & Laminates, etc.)
By End User
-Chemicals
-Food & Beverages
-Healthcare
-Manufacturing & Warehousing
-Retail & Commercial Spaces
-Automotive
-Government & Public
-Others (Hospitality, Education, Sports, etc.)
By Sales Channel
-Direct Sales- Market Size & Forecast 2019-2030, (Million Square Meters)
-Multi Brand Stores & Exclusive Outlets- Market Size & Forecast 2019-2030, (Million Square Meters)
-Online- Market Size & Forecast 2019-2030, (Million Square Meters)
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Regional Insights:
By Country
-The UAE
-Saudi Arabia
-Oman
-Qatar
-Morocco
-Egypt
-South Africa
-Nigeria
-Rest of the Middle East & Africa
The Middle East & Africa Industrial & Commercial Flooring Market Driver: Government Initiatives Towards Hospitality Sector to Facilitate Industrial & Commercial Flooring Demand
Government bodies in the Middle East & Africa are increasingly directing their attention towards tourism development, recognizing its potential to drive economic growth, create jobs, and diversify revenue streams. Government bodies in countries such as the UAE, Saudi Arabia, Egypt, etc., have laid various initiatives and policies like the UAE Vision 2021, National Agenda, Saudi Arabia’s Vision 2030, etc., for surging tourism across the countries. According to the National News, Saudi Arabia, the tourism revenue generated in 2023 was about USD 66 billion. Moreover, the emergence of new travel trends, including experiential tourism, and luxury travel, has created opportunities for hospitality businesses to cater to evolving consumer preferences. Also, with the proliferating tourism in the country, the demand for comfortable & premium hotels and resorts is surging significantly, leading to the expansion of the hospitality sector in the region. For instance,
- In 2023, the Egyptian Cabinet approved about USD 2.02 billion tourism initiative to boost hotel room capacity in the country in the upcoming years.
Hence, the increase in the tourism sector driven by government initiatives in the region is escalating the construction of various hotels, restaurants, and resorts, which is expected to generate the demand for commercial and institutional flooring in the Middle East & Africa.
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