The latest research report “The Middle East & Africa Industrial & Commercial Flooring Market” by MarkNtel Advisors states that the market is estimated to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024-30. The burgeoning construction activities such as the building of industrial & commercial infrastructure projects are fueling the demand for flooring solutions significantly. Moreover, the launch of numerous projects & initiatives like Abu Dhabi Economic Vision 2030, the UAE’s ‘Future 100’ initiative, etc. by the governments of countries, including Saudi Arabia, the UAE, Qatar, etc., have further led to the increase in the construction activities, ultimately boosting the Middle East & Africa Industrial & Commercial Flooring Market.
Besides, the market also faces a few restraints, including the rigorous guidelines linked with the integration of volatile organic compounds (VOCs) in flooring manufacturing that may hinder market growth. However, the intensifying construction of sustainable and eco-friendly infrastructure would contribute to enhancing the Middle East & Africa Industrial & Commercial Flooring Market share in the projected years.
In terms of prominent market competitors, Sika GCC, The Sherwin-Williams Company, Mapei Middle East & East Africa, LATICRETE Middle East LLC, Amtico International, Armstrong Flooring Inc, StonCor Middle East LLC (Flowcrete), Forbo Flooring Middle East DMCC, Gerflor Middle East, Interface, Inc, Twintec Middle East Industrial Flooring LLC, and James Halstead PLC, among others, are the leading ones.
Evaluating the Diverse Segmentations
- By Material (Resilient Flooring (Vinyl Flooring, Rubber Flooring, and Others (Linoleum, Cork, etc.)), Non-resilient Flooring (Epoxy, Concrete, and Others (Stone, Ceramic, etc.)), Soft Covering Flooring (Rugs, Broadlooms, Carpets), and Others (Seamless Flooring, Wood & Laminates, etc.))
- By End User (Chemicals, Food & Beverages, Healthcare, Manufacturing & Warehousing, Retail & Commercial Spaces, Automotive, Government & Public, and Others (Hospitality, Education, Sports, etc.))
- By Sales Channel (Direct Sales, Multi-brand Stores & Exclusive Outlets, and Online)
- By Country (The UAE, Saudi Arabia, Oman, Qatar, Morocco, Egypt, South Africa, Nigeria, and Rest of the Middle East & Africa)
The Chemicals segment is likely to experience substantial growth in the Middle East & Africa Industrial & Commercial Flooring Market. The presence of ample of natural resources in the region results in the amplified manufacturing of petrochemicals, fertilizers, specialty chemicals, etc., further proliferating the segment’s growth. Moreover, with immense incorporated complexes and varied product portfolios, countries like South Africa, Saudi Arabia, Qatar, and the United Arab Emirates (UAE) have become well-known market players in the Global Chemical Market. Additionally, the snowballing demand for petrochemicals, plastics, and other chemical products from different industries, such as construction, automotive, and packaging, also aided in the progression of chemical manufacturing activities across the region.
The UAE is predicted to embrace a noteworthy share in the Middle East & Africa Industrial & Commercial Flooring Market. The varied economy of the UAE combined with the flourishing sectors such as manufacturing, retail, and tourism, is leading to considerable demand for industrial & commercial flooring across various end-user industries. Moreover, the numerous projects and initiatives by UAE, including National Vision 2021 and UAE Vision 2021 are also likely to drive the region’s growth in the Industrial & Commercial Flooring Market. Furthermore, the country’s pledge to abide by the norms of sustainability & innovation lines up with the mounting inclination for eco-friendly & technologically advanced flooring materials across the market.
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