DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "Saudi Arabia Ceramic Tiles Market, By Type (Glazed, Porcelain, Unglazed), By Construction Type (New Construction and Replacement & Renovation), By End-User (Residential and Non-Residential), By Application, By Region, Competition Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
Saudi Arabia ceramic tiles market will report significant CAGR in the forecast period, 2022-2026, on the account of rapidly increasing demand for the aesthetically pleasing ceramic tiles.
The increasing number of the sophisticated and advanced buildings and rapidly increasing infrastructure for the commercial purposes is further substantiating the growth of the Saudi Arabia ceramic tiles market. Moreover, with advanced technology, recent launches of the product include designer and durable ceramic tiles.
These tiles are easier for the reconstruction purposes and often gives the luxurious look to the building floor thereby aiding the growth of the Saudi Arabia ceramic tiles market in the next five years. Evolving technologies for the prolonged stability of the flooring is also inclining the consumers to adapt to the ceramic tiles, which is an important factor that is responsible for the future growth of the Saudi Arabia ceramic tiles market in the forecast years.
Furthermore, rising urbanization and evolving consumer lifestyle is further supporting the growth of the Saudi Arabia ceramic tiles market in the future years until 2026. Rising demand from the independent household along with the growing construction activities in the commercial and hospitality sectors are also driving the growth of the Saudi Arabia ceramic tiles market during the forecast period.
The Saudi Arabia ceramic tiles market segmentation is based on type, construction type, end user, applications, competitional landscape, and regional distribution. Based on type, the market is further divided between glazed, porcelain, and unglazed. Glazed ceramic tiles are anticipated to hold the largest revenue shares of the market and dominate the segment on account of surging demands from the consumers. Moreover, the glazed ceramic tiles have advantages like aesthetic outlook as well as the posh looking product of the ceramic tile.
Moreover, advancing science and technology is also substantiating the growth of the market on the account of using glazing products for ceramic tiles such that the age of the ceramic tile can be prolonged, this market growth is attributed to be considered in the future five years of forecast until 2026.
Porcelain ceramic tiles are expected to register fastest growing CAGR on the account of advancing technology that has manipulated the porcelain material for the maximum strength of the ceramic tiles. The Saudi Arabia ceramic tiles market is expected to register an esteemed growth on the account of above mentioned driving factors in the next five years.
These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers.
New market players may focus on the research and development to provide such products and services that satisfy the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Market players in the Saudi Arabia ceramic tiles market includes
Ras Al Khaimah (RAK) Ceramics
AL-Jawdah Porcelain & Ceramic Company
Nesma Orbit For Industrial Projects And Commerce
Arabian Tile Company (ARTIC)
Arabian Ceramics Manufacturing Company Limited (ACMC)
Riyadh Ceramics Factory
Future Ceramic Company (Factory)
Alfanar Ceramic & Porcelain Tile Factory
Years considered for this report:
Historical Years: 2016 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2026
Saudi Arabia Ceramic Tiles Market, By Type:
Saudi Arabia Ceramic Tiles Market, By Construction Type:
Saudi Arabia Ceramic tiles Market, By End User:
Saudi Arabia Ceramic tiles Market, By Application:
Saudi Arabia Ceramic tiles Market, By Region:
Northern & Central
For more information about this report visit https://www.researchandmarkets.com/r/4awmks
View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005513/en/
Laura Wood, Senior Press Manager
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