Saudi Arabia Vinyl Flooring Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,950	200 Pages	BlueWeave Consulting	July, 2023	BLWC18132113

Best Price Guarantee
Price	from $2,950
Length	200 Pages
Publisher	BlueWeave Consulting
Published Date	July, 2023
SKU	BLWC18132113

Saudi Arabia Vinyl Flooring Market - By Product Type (Luxury Vinyl Tiles (LVT), Vinyl Sheets, Vinyl Composite Tile); By Material (Wood Plastic Composite, Stone Plastic Composite); By End User (Residential, Healthcare, Education, Industrial, Hospitality); By Distribution Channel (Contractors, Specialty Stores, Home Centers, Online), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

Saudi Arabia Vinyl Flooring Market Size Set to Cross USD 416 Million by 2029

Saudi Arabia vinyl flooring market is flourishing due to increasing urbanization, rising construction activities, growing demand for aesthetically pleasing and durable flooring solutions, favorable government initiatives and regulations, and the expanding commercial and residential sectors.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia vinyl flooring market size at USD 281.59 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Saudi Arabia vinyl flooring market size to grow at a CAGR of 6.7% reaching a value of USD 416.13 million by 2029. Due to its longevity, ease of care, and aesthetic appeal, vinyl flooring is becoming increasingly popular, which is a major driver fueling the market expansion in Saudi Arabia. Due to growing environmental consciousness, the market has also undergone a transition towards eco-friendly and sustainable vinyl flooring solutions. Innovative vinyl flooring designs, patterns, and textures have also been introduced as a result of technological improvements, expanding consumer options. Also, the increase in residential and commercial development projects has boosted Saudi Arabia's demand for vinyl flooring. Overall, the market is expected to maintain its upward trend due to changing consumer preferences and the growth of the building sector.

Saudi Arabia Vinyl Flooring Market – Overview

Vinyl flooring is a versatile and popular type of flooring that replicates the look of natural materials like wood or stone. It is composed of several layers, including a durable wear layer, a printed design layer, and a resilient backing layer. Vinyl flooring offers numerous benefits, such as affordability, durability, and easy maintenance. It is resistant to scratches, stains, and moisture, making it suitable for high-traffic areas and spaces prone to spills, such as kitchens and bathrooms. Vinyl flooring comes in various styles, colors, and patterns, allowing homeowners to achieve their desired aesthetic. Its installation options include glue-down, peel-and-stick, and click-lock systems, catering to different preferences and installation requirements.

Impact of COVID-19 on Saudi Arabia Vinyl Flooring Market

The COVID-19 pandemic significantly impacted Saudi Arabia vinyl flooring market. With the implementation of lockdown measures and restrictions on construction activities, the demand for vinyl flooring experienced a decline. The disruption in the supply chain and logistical challenges also affected the availability of raw materials and hindered production. Also, the economic downturn and reduced consumer spending further dampened the market growth. However, as the situation improves and the vaccination efforts progress, the market is expected to recover gradually. The growing awareness of hygiene and cleanliness is likely to drive the demand for vinyl flooring, particularly in sectors such as healthcare and hospitality.

Saudi Arabia Vinyl Flooring Market – By Material

By Material, Saudi Arabia vinyl flooring market is split into Wood Plastic Composite (WPC) and Stone Plastic Composite (SPC) segments. WPC flooring combines wood fibers and plastic polymers, offering a durable and cost-effective option with a natural wood-like appearance. On the other hand, SPC flooring comprises limestone and PVC materials, providing exceptional strength, stability, and moisture resistance. Both segments cater to the growing demand for versatile and resilient flooring solutions in Saudi Arabia, with WPC and SPC leading the way in terms of market share and popularity.

Competitive Landscape

Saudi Arabia vinyl flooring market is fiercely competitive. Major companies in the market include Abdul Rahman Al Shareef Group, Al Souriya, Armstrong Flooring Inc., Forbo Holding AG, Gerflor Group, Highmoon Home Furnitures Trading LLC, KhalidSaad Trading Co., Nesma Group Co., Polyflor Ltd, and Toli Floor Corp. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Saudi Arabia vinyl flooring market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Saudi Arabia Vinyl Flooring Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Vinyl Flooring Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

1. Research Framework: 1.1. Research Objective; 1.2. Product Overview; 1.3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Vinyl Flooring Market Insights: 3.1. Industry Value Chain Analysis; 3.2. DROC Analysis; 3.2.1. Growth Drivers; 3.2.1.1. Easy Installation and Maintenance; 3.2.1.2. Cost-Effectiveness; 3.2.2. Restraints; 3.2.2.1. Competition from Alternative Flooring Materials; 3.2.2.2. Fluctuations in Raw Material Prices; 3.2.3. Opportunities; 3.2.3.1. Green Building Initiatives; 3.2.3.2. Renovation and Remodeling Activities; 3.2.4. Challenges; 3.2.4.1. Limited Awareness; 3.2.4.2. Impact of COVID-19 Pandemic; 3.3. Technological Advancement/Recent Development; 3.4. Regulatory Framework; 3.5. Porter’s Five Forces Analysis; 3.5.1. Bargaining Power of Suppliers; 3.5.2. Bargaining Power of Buyers; 3.5.3. Threat of New Entrants; 3.5.4. Threat of Substitutes; 3.5.5. Intensity of Rivalry
4. Saudi Arabia Vinyl Flooring Market Overview: 4.1. Market Size & Forecast, 2019–2029; 4.1.1. By Value (USD Billion); 4.2. Market Share & Forecast; 4.2.1. By Product Type; 4.2.1.1. Luxury Vinyl Tiles (LVT); 4.2.1.2. Vinyl Sheets; 4.2.1.3. Vinyl Composite Tile; 4.2.2. By Material; 4.2.2.1. Wood Plastic Composite; 4.2.2.2. Stone Plastic Composite; 4.2.3. By End User; 4.2.3.1. Residential; 4.2.3.2. Healthcare; 4.2.3.3. Education; 4.2.3.4. Industrial; 4.2.3.5. Hospitality; 4.2.3.6. Other; 4.2.4. By Distribution Channel; 4.2.4.1. Contractors; 4.2.4.2. Specialty Stores; 4.2.4.3. Home Centers; 4.2.4.4. Online; 4.2.4.5. Other
5. Competitive Landscape: 5.1. List of Key Players and Their Range; 5.2. Saudi Arabia Vinyl Flooring Company Market Share Analysis, 2022; 5.3. Competitive Benchmarking, By Operating Parameters; 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
6. Impact of Covid-19 on Saudi Arabia Vinyl Flooring Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis): 7.1. Abdul Rahman Al Shareef Group; 7.2. Al Souriya; 7.3. Armstrong Flooring Inc.; 7.4. Forbo Holding AG; 7.5. Gerflor Group; 7.6. Highmoon Home Furnitures Trading LLC; 7.7. KhalidSaad Trading Co.; 7.8. Nesma Group Co.; 7.9. Polyflor Ltd; 7.10. Toli Floor Corp.; 7.11. Other prominent players
8. Key Strategic Recommendations
9. Research Methodology: 9.1. Qualitative Research; 9.1.1. Primary & Secondary Research; 9.2. Quantitative Research; 9.3. Market Breakdown & Data Triangulation; 9.3.1. Secondary Research; 9.3.2. Primary Research; 9.4. Breakdown of Primary Research Respondents; 9.5. Assumption & Limitation; *Financial information of non-listed companies can be provided as per availability.; **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures: Figure 1 Saudi Arabia Vinyl Flooring Market Segmentation; Figure 2 Saudi Arabia Vinyl Flooring Market Value Chain Analysis; Figure 3 Company Market Share Analysis, 2022; Figure 4 Saudi Arabia Vinyl Flooring Market Size, By Value (USD Billion), 2019–2029; Figure 5 Saudi Arabia Vinyl Flooring Market Share, By Product Type, By Value, 2019–2029; Figure 6 Saudi Arabia Vinyl Flooring Market Share, By Material, By Value, 2019–2029; Figure 7 Saudi Arabia Vinyl Flooring Market Share, By End User, By Value, 2019–2029; Figure 8 Saudi Arabia Vinyl Flooring Market Share, By Distribution Channel, By Value, 2019–2029
List of Tables: Table 1 Saudi Arabia Vinyl Flooring Market Size, By Product Type, By Value, 2019−2029; Table 2 Saudi Arabia Vinyl Flooring Market Size, By Material, By Value, 2019−2029; Table 3 Saudi Arabia Vinyl Flooring Market Size, By End User, By Value, 2019−2029; Table 4 Saudi Arabia Vinyl Flooring Market Size, By Distribution Channel, By Value, 2019−2029; Table 5 Abdul Rahman Al Shareef Group Company Overview; Table 6 Abdul Rahman Al Shareef Group Financial Overview; Table 7 Al Souriya Company Overview; Table 8 Al Souriya Financial Overview; Table 9 Armstrong Flooring Inc. Company Overview; Table 10 Armstrong Flooring Inc. Financial Overview; Table 11 Forbo Holding AG Company Overview; Table 12 Forbo Holding AG Financial Overview; Table 13 Gerflor Group Company Overview; Table 14 Gerflor Group Financial Overview; Table 15 Highmoon Home Furnitures Trading LLC Company Overview; Table 16 Highmoon Home Furnitures Trading LLC Financial Overview; Table 17 KhalidSaad Trading Co. Company Overview; Table 18 KhalidSaad Trading Co. Financial Overview; Table 19 Nesma Group Co. Company Overview; Table 20 Nesma Group Co. Financial Overview; Table 21 Polyflor Ltd Company Overview; Table 22 Polyflor Ltd Financial Overview; Table 23 Toli Floor Corp. Company Overview; Table 24 Toli Floor Corp. Financial Overview