The temporary structures and overlays market in Saudi Arabia is expected to experience substantial growth during the review period, with a compound annual growth rate (CAGR) of 12.1%. The market is anticipated to reach a value of USD 502.36 million by the conclusion of the forecast period (2024-2032), with an estimated value of USD 178.29 million in 2023.
The Saudi Arabian temporary structures and overlays market is experiencing a high growth trajectory as the Kingdom's ambitious Vision 2030 initiative resumes its emphasis on economic diversification. Such a market would encompass non-permanent structures, including tents, modular buildings, stages, and temporary shelters, which are widely used in a variety of sectors, including construction, emergency services, exhibitions, and events. The necessity of these temporary structures renders them cost-effective and adaptable, as well as fast to deploy for a variety of purposes. Consequently, they are becoming more appealing in a nation that is undergoing rapid transformation. An increase in the number of large public and private events, including trade fairs, cultural festivals, and sports tournaments, within Saudi Arabia is a significant factor propelling the market. Temporary stages, VIP stands, and modular event infrastructure are in high demand as a result of the Kingdom's strategic positioning as a center of entertainment, as stated in the government's strategic plans. The demand for such structures has been significantly heightened by the high-profile events of the Riyadh Season and Saudi Grand Prix, particularly considering the upcoming expansion of the entertainment and tourism industries.
Market Segmentation
The Saudi Arabia temporary structures and overlays market has been segmented into Exhibition, Conferences, Events, Construction and Industry, and Others, as determined by the sector.
Tents, Modular Structures, Temporary Shelters, Stages and Stands, and Others comprise the Saudi Arabian temporary structures and overlays market, which has been segmented according to its type.
The Saudi Arabia temporary structures and overlays market has been segmented into Fabric, Metal, Composite Materials, and Others, based on the material.
The Saudi Arabia temporary structures and overlays market has been delineated into four segments: Design and Installation Services, Rental Services, Sales and Manufacturing, and Others. This segmentation is based on the application.
The market has been divided into two sectors: Public Sector and Private Sector, as determined by the end use.
Major Players
Bait Al Nokhada, Neptunus Ltd., HTS TENTIQ GmbH, Karmod Prefabricated Technologies, Evolution Dome, Arena Events Group, RÖDER Group, Losberger De Boer, ALBADDAD, and GL events are the primary participants in the Saudi Arabia temporary structures and overlays market.
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