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GCC Commercial Flooring Market Report by Product (Soft Coverings, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminates), Application (Commercial Buildings, Healthcare, Education, Leisure and Hospitality, Retail, Public Buildings), and Country 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A21080
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Market Overview:
GCC commercial flooring market size reached US$ 6.89 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.44 Billion by 2032, exhibiting a growth rate (CAGR) of 5.50% during 2024-2032. The economic growth, technological advancements, sustainability trends, and supportive government policies represent some of the key factors driving the regional market.
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Report Attribute
|
Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 6.89 Billion |
|
Market Forecast in 2032
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US$ 11.44 Billion |
| Market Growth Rate 2024-2032 | 5.50% |
Commercial flooring is crafted to provide robustness and endurance, capable of withstanding the impact of heavy items like office equipment and furniture commonly found in commercial environments. This flooring type exhibits resilience against moisture, preventing issues such as rotting and bubbling, ensuring prolonged durability with minimal maintenance requirements. Consequently, commercial flooring is widely utilized in diverse sectors including education, healthcare, retail, and hospitality. Presently, there is a notable surge in the desire for isolated homes and home offices, contributing to an increased demand for commercial flooring solutions.
GCC Commercial Flooring Market Trends:
The GCC commercial flooring market is undergoing transformative changes, influenced by key drivers and emerging trends that reflect the evolving demands of the region's dynamic commercial landscape. A significant driver is the increasing commercial spaces across diverse sectors, including retail, hospitality, healthcare, and education. Additionally, as the GCC nations witness continuous economic development and urbanization, the demand for high-performance and aesthetically pleasing commercial flooring solutions is on the rise, which is acting as another significant growth-inducing factor. Besides this, technological advancements play a pivotal role in shaping the trends of the commercial flooring market in the GCC. Moreover, innovations in manufacturing processes, materials, and installation techniques are enhancing the durability, design flexibility, and sustainability of commercial flooring options. These advancements cater to the region's demand for modern and efficient commercial spaces. Sustainability is a central trend, with a growing emphasis on environmentally friendly and energy-efficient flooring solutions. Furthermore, the GCC commercial flooring market is witnessing an increased demand for eco-conscious materials and designs, aligning with global efforts to create more sustainable built environments. Apart from this, government initiatives promoting sustainable construction practices further drive the adoption of eco-friendly commercial flooring solutions. Additionally, as the GCC countries prioritize green building standards, the market is expected to fuel over the forecasted period.
GCC Commercial Flooring Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on product and application.
Product Insights:
- Soft Coverings
- Resilient Flooring
- Non-Resilient Flooring
- Seamless Flooring
- Wood and Laminates
The report has provided a detailed breakup and analysis of the market based on the product. This includes soft coverings, resilient flooring, non-resilient flooring, seamless flooring, and wood and laminates.
Application Insights:
- Commercial Buildings
- Healthcare
- Education
- Leisure and Hospitality
- Retail
- Public Buildings
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes commercial buildings, healthcare, education, leisure and hospitality, retail, and public buildings.
Country Insights:
- Saudi Arabia
- United Arab Emirates
- Qatar
- Kuwait
- Oman
- Bahrain
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
GCC Commercial Flooring Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
| Products Covered | Soft Coverings, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminates |
| Applications Covered | Commercial Buildings, Healthcare, Education, Leisure and Hospitality, Retail, Public Buildings |
| Countries Covered | Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the GCC commercial flooring market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GCC commercial flooring market?
- What is the breakup of the GCC commercial flooring market on the basis of product?
- What is the breakup of the GCC commercial flooring market on the basis of application?
- What are the various stages in the value chain of the GCC commercial flooring market?
- What are the key driving factors and challenges in the GCC commercial flooring?
- What is the structure of the GCC commercial flooring market and who are the key players?
- What is the degree of competition in the GCC commercial flooring market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC commercial flooring market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the GCC commercial flooring market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC commercial flooring industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
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