1 / 16

Saudi Arabia Ceramic Tiles Market 2027

Saudi Arabia Ceramic Tiles market stood at USD1284.45 million in 2021 and is forecast to grow at a CAGR of 10.42% by 2027. This growth can be attributed to growing demand for ceramic tiles due to increasing construction activities and religious tourism in the country. https://bit.ly/3WX3Hbl

pramod8
Download Presentation

Saudi Arabia Ceramic Tiles Market 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2015 – 2025 2017 – 2027 SAUDI ARABIA CERAMIC TILES MARKET – FORECAST AND OPPORTUNITIES www.techsciresearch.com 1 MARKET INTELLIGENCE . CONSULTING

  2. Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Impact of COVID-19 on Saudi Arabia Ceramic Tiles Market 5. Voice of Customer 5.1. Brand Awareness 5.2. Factors Considered For Selection of Ceramic Tiles 5.3. Key Supplier Selection Parameter 5.3. Satisfaction Level 5.4. Major Challenges in Ceramic Tiles Adoption 6. Saudi Arabia Ceramic Tiles Market Overview 7. Saudi Arabia Ceramic Tiles Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Type (Porcelain, Glazed, Unglazed) 7.2.2. By Construction Type (New Construction and Replacement & Renovation) 7.2.3. By End User (Residential and Non-Residential) 7.2.4. By Application (Floor, Internal Wall, External Wall, Roofs and Others) 7.2.5. By Region (Northern & Central, Western, Eastern, Southern) 7.2.6. By Company (2021) 7.3. Product Market Map (By Type, By Construction Type, By End User, By Application, By Region) 2 2 © TechSci Research

  3. Table of Contents S. No. Contents 8. Saudi Arabia Porcelain Ceramic Tiles Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Construction Type 8.2.2. By End User 8.2.3. By Application 8.2.4. By Region 9. Saudi Arabia Glazed Ceramic Tiles Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Construction Type 9.2.2. By End User 9.2.3. By Application 9.2.4. By Region 10. Saudi Arabia Unglazed Ceramic Tiles Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Construction Type 10.2.2. By End User 10.2.3. By Application 10.2.4. By Region 3 3 © TechSci Research

  4. Table of Contents S. No. Contents 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends and Developments 13. Policy and Regulatory Landscape 14. Supply-Demand Gap 15. Pricing Analysis 16. Import Export Analysis 17. Supply Chain Analysis 18. Saudi Arabia Economic Profile 19. Major End Users of Ceramic and Ceramic Tiles 20. Company Profiles 20.1. Saudi Ceramics Company 20.2. RAK Saudi LLC 20.3. Arabian Tile Company Ltd. (ARTIC) 20.4. Al Jawdah Ceramic Manufacturing Company 20.5. Future Ceramics 20.6. Sokhoor Al Arab 20.7. Roca Sanitario, S.A. 20.8. Nesma Orbit 4 4 © TechSci Research

  5. Table of Contents S. No. Contents 20.9. Kohler Co. 20.10. Riyadh Ceramics 20.11. Al Anwar Ceramics Tile Co. SAOG 20.12. Arabian Ceramics Manufacturing Company 20.13. Forsan Ceramics 20.14 Alfanar Ceramic & Porcelain Factory 20. Strategic Recommendations 21. About Us & Disclaimer 5 5 © TechSci Research

  6. Product Overview 6

  7. Product Overview Product of Interest: Ceramic Tiles Ceramic tiles are a mixture of clays and other natural materials, such as sand, quartz and water. They are primarily used in houses, restaurants, offices, shops, bathroom wall and kitchen floor surfaces. They are easy to fit, easy to clean, easy to maintain and are available at reasonable prices. Market Segmentation SAUDI ARABIA CERAMIC TILES MARKET SAUDI ARABIA CERAMIC TILES MARKET BY CONSTRUCTION TYPE BY TYPE Year Range Glazed New Construction • • Porcelain Replacement & Renovation • • Review Period Unglazed • 2017 – 2020 BY END USER BY REGION Residential Base Year • Northern & Central • Non-Residential • Western • 2021 Eastern • BY APPLICATION Estimated Year Southern • Floor • 2022 External Wall • Forecast Period Internal Wall • Roofs • 2023 – 2027 Others • 7 7 © TechSci Research

  8. Research Methodology 8

  9. Research Methodology Market Profiling Data Analysis Data Collection Data Developing List of Respondents Formulating Questionnaire Validation In-depth secondary research was conducted to determine overall market size , segmental market size and top companies in the Saudi Arabia Ceramic Tiles Market. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Saudi Arabia Ceramic Tiles Market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and leading companiesfor data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of leading companies and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources ✓ ✓ ✓ ✓ ✓ ✓ LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Factiva Hoovers ✓ ✓ ✓ ✓ 9 9 © TechSci Research

  10. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the Saudi Arabia Ceramic Tiles Market. The team has analyzed the outlook for various segments of this market, while considering the major influencing factors such as increasing usage of ceramic tiles in flooring and roofing, growing need of housing etc.and speculated a robust growth during the forecast period. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Saudi Arabia Ceramic Tiles Market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders and industry experts. The team interviewed more than 20 companies, 50 industry experts and other value chain stakeholders in the Saudi Arabia Ceramic Tiles market to obtain the overall market size between 2017 and 2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the historical market size data. 10 10 © TechSci Research

  11. Research Methodology Respondents were asked about the current and future market growth rates, as well as market shares by type, by construction type, by end user, by application, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the component. Methodology Followed for Calculation of Market Shares: Market shares by type, by construction type, by end user, by application, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares of the leading companies in Saudi Arabia Ceramic Tiles Market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers and the leading companies operating in the Saudi Arabia Ceramic Tiles Market. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the survey results in SPSS/Tableau Software. 11 11 © TechSci Research

  12. Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the Saudi Arabia Ceramic Tiles Market. TechSci Research used various forecast techniques such as: Moving Average o Time Series Analysis o Regression Analysis o Econometric and Judgmental Analysis o TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions of Saudi Arabia. TechSci Research also used the impact analysis during short, medium and long term period to estimate and analyze market demand scenario. Saudi Ceramics Company, Arabian Tile Company Ltd. (ARTIC), Al Jawdah Ceramic Partial List of Companies Interviewed Manufacturing Company, Arabian Ceramics Manufacturing Company, Al Anwar Ceramics Tile Co. SAOG, Riyadh Ceramics, Kohler Co., Nesma Orbit and Future Ceramics, among others Company Annual Reports, Press Releases, Industry Magazines, Industry Reports, Company Partial List of Secondary Sources Websites, TechSci Research Proprietary Database & Knowledge Repository, etc. Note: Sum of some shares may not be 100% due to round off till two decimal places. 12 12 © TechSci Research

  13. Industry Brief Increasing demand for energy efficient green building solutions and government initiatives are expected to drive the Saudi Arabia ceramic tiles market through forecast period. According to TechSci Research report, “Saudi Arabia Ceramic Tiles Market By Type (Porcelain, Glazed, Unglazed), By Construction Type (New Construction and Replacement & Renovation), By End User (Residential and Non- Residential), By application (Floor, Internal Wall, External Wall, Roofs and Others), By Region, Competition, Forecast & Opportunities, 2017-2027”, the Saudi Arabia ceramic tiles market is expected to grow with a CAGR of 10.42% in the forecast period to reach a value of USD2,336.54 million by 2027. Most of the constructed houses in Saudi Arabia are older than 30 years and are in dire need of up-gradation and renovation. The government is encouraging the renovation of houses in Saudi Arabia and promoting the conversion of buildings towards green buildings, which is expected to boost the demand for ceramic tiles. However, the lack of skilled labor may restrain the Saudi Arabia ceramic tiles market growth in the forecast period. The Saudi Arabia ceramic tiles market is segmented into type, construction type, end user, application, company, and region. Based on construction type, the market is divided into new construction and replacement & renovation. New construction dominated the market in 2021, with a market share of 71.01%, and is expected to maintain its dominance throughout the forecast period. Increased support from the government to develop a housing program and promote foreign investments for infrastructure development is expected to bolster the Saudi Arabia ceramic tiles market in the next five years. Based on the end user, the market is bifurcated into residential and non- residential. The residential segment led the market in 2021, with a market share of 72.58%, and is expected to rise at a CAGR of 8.54% in the forecast period, 2023-2027. High-end investments made by the government authorities to build new cities and townships and smart cities are expected to fuel the demand for ceramic tiles in the forecast period. Also, the rise in new migrants in the country and the growing population are accelerating the need to construct new residential buildings, which is expected to surge the Saudi Arabia ceramic tiles market growth in the next five years. Based on application, the market is divided into the floor, external wall, internal wall, roofs, and others. The floor segment is projected to hold a significant market share in 2021, with a market share of 49.88%. Ceramic tiles are maintenance-free, strain-resistant, affordable compared to stones and marbles, and are aesthetically pleasing, which is the major reason for their high preference to be used on floors. On the basis of regional analysis, the Northern & Central region accounted for the largest market share of 28.63% in 2021 and is expected to lead the market for the next five years. The rise in the investments made for commercial and housing sectors and the ongoing infrastructure development projects, including smart city project Neom, Qiddiya entertainment city, is expected to fuel the demand for ceramic tiles in the northern & central region. The northern & central region consists of major cities with a large population pool, which is expected to accelerate the Saudi Arabia ceramic tiles market growth in the forecast period. Major market players operating in Saudi Arabia ceramic tiles market are Saudi Ceramics Company, RAK Saudi LLC, Arabian Tile Company Ltd. (ARTIC), Al Jawdah Ceramic Manufacturing Company, Future Ceramics, Sokhoor Al Arab, Roca Sanitario, S.A., Nesma Orbit, Kohler Co., Riyadh Ceramics, Al Anwar Ceramics Tile Co. SAOG, Arabian Ceramics Manufacturing Company, Forsan Ceramics, Alfanar Ceramic & Porcelain Factory “The rise in the focus of the government to develop and upgrade the existing infrastructure of religious places like Mecca and Medina, which attracts a large number of pilgrims every year, is fueling the demand for construction materials such as ceramic tiles. To accommodate a huge population pool and provide better facilities during the visit is expected to accelerate the construction of hotels, restaurants, airports, and other world-class public structures. Growing infrastructure development and construction activities and high-end investment by the government to boost the hospitality and tourism industry is expected to propel the Saudi Arabia ceramic tiles market growth through 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 13 © TechSci Research

  14. Sample Data - Snapshot Saudi Arabia Ceramic Tiles Market Size, By Value (USD Million), 2017-2027F CAGR 2017-2021 By Value: xx% CAGR 2022E-2027F By Value: xx% 2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F Value (USD Million) Saudi Arabia Ceramic Tiles Market Share, By Type, By Volume, 2017-2027F 2017 20.00% 30.00% 2018 20.00% 30.00% 50.00% 2019 20.00% 30.00% 50.00% 2020 20.00% 30.00% 50.00% 2021 20.00% 30.00% 50.00% 2022E 20.00% 30.00% 50.00% 2023F 20.00% 30.00% 50.00% 2024F 20.00% 30.00% 50.00% 2025F 20.00% 30.00% 50.00% 2026F 20.00% 30.00% 50.00% 2027F 20.00% 30.00% 50.00% Porcelain Glazed Unglazed 50.00% Saudi Arabia Unglazed Ceramic Tiles Market Share, By Construction Type, By Volume, 2017-2027F 2017 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% Replacement & Renovation 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F New Construction Saudi Arabia Unglazed Ceramic Tiles Market Share, By End User, By Volume, 2017-2027F 2017 40.00% 2018 40.00% 60.00% 2019 40.00% 60.00% 2020 40.00% 60.00% 2021 40.00% 60.00% 2022E 40.00% 60.00% 2023F 40.00% 60.00% 2024F 40.00% 60.00% 2025F 40.00% 60.00% 2026F 40.00% 60.00% 2027F 40.00% 60.00% Residential Non-Residential 60.00% 14 © TechSci Research

  15. Report Ordering Report Name: SAUDI ARABIA CERAMIC TILES MARKET – FORECAST AND OPPORTUNITIES 2017 – 2027 License Type Single User License Price $3500 Multi-User License Custom Research License $4500 $7500 To View Sample OR Purchase Report 15 © TechSci Research

  16. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Ceramic Foams Market, By Type (Silicon Carbide, Aluminum Oxide & Others), By End-User Industry (Foundry, Building & Construction & Others), By Application (Molten Metal Filtration, Thermal & Acoustic Insulation & Others), By Region, Competition, Forecast & Opportunities, 2017-2027. • Saudi Arabia Ceramic Sanitary Ware Market, By Product Type (Wash Basin, Toilet Sink/ Water Closet, Urinals, Cisterns & Others) By End Use • (Residential/Household Vs. Non-Residential/Commercial) By Distribution Channel (Retail Sales Vs. Direct/Institutional Sales) By Company, By Region, Forecast & Opportunities, 2017-2027 TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

More Related