MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Ceramic Tiles Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Saudi Arabia Ceramic Tiles Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Saudi Arabia Ceramic Tiles Market size was valued at around USD 1.7 billion in 2024 and is projected to reach USD 2.7 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2025-30.
Key Findings in Saudi Arabia Ceramic Tiles Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Saudi Ceramics, RAK Ceramics, Al-Omran Group (Ceramics), Arabian Ceramics, Riyadh Ceramics, Nesma Group, Al-Jawdah Group, STN Ceramica Group, Sokhoor Al Arab, Skytouch Ceramics, Future Ceramics and Others.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Saudi Arabia Ceramic Tiles Market?
Rapid Residential Sector Growth – Residential real estate in Saudi Arabia is growing at a rapid pace, mainly because of new projects due to strong housing demand. This is further seen given the rising prices and rent of residential units in the country, which represents the healthy demand for housing, particularly in the major cities. Kingdom further reported that in the first half of 2024, residential real estate posted a 10% jump in its sales prices year on year. By the second quarter of 2024, the sales transactions volume for residential real estate stood around USD 7 billion rising by 56.1% for the same period in 2019. The strong growth in the residential sector of the country would drive the demand for ceramic tiles.
Apart from this, the Municipal and Rural Affairs & Housing (MoMRAH) Ministry expects the completion of around 300,000 new residential units by 2025. The development of such scenarios is expected to drive the demand in the ceramic tiles market of Saudi Arabia.
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What segments define the Saudi Arabia Ceramic Tiles Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Glazed Ceramic Tiles- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Unglazed Ceramic Tiles- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Porcelain Ceramic Tiles- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Others (Semi-Glazed and Scratch-Free Tiles) -Market Size & Forecast 2020-2030, (Million Sq. Meters)
By Application Area
- Floor Tiles- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Wall Tiles- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Others (Ceilings & Decoration)- Market Size & Forecast 2020-2030, (Million Sq. Meters)
According to report, In 2024, floor tiles hold more than 50% share of Saudi Arabia Ceramic Tiles Market.
By Distribution Channel
- Direct Sales- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Dealers and Distributors- Market Size & Forecast 2020-2030, (Million Sq. Meters)
By Demand Type
- New Construction- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Renovation and Replacement – Market Size & Forecast 2020-2030, (Million Sq. Meters)
According to report, New construction in Saudi Arabia holds more than 70% share of the Saudi Arabia Ceramic Tiles Market.
By End User
- Residential- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Commercial & Retail- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Hospitality – Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Government & Transportation- Market Size & Forecast 2020-2030, (Million Sq. Meters)
- Others (Industrial, etc.)- Market Size & Forecast 2020-2030, (Million Sq. Meters)
Explore the Complete Saudi Arabia Ceramic Tiles Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-ceramic-tiles-market.html
Geographical Analysis: Saudi Arabia Ceramic Tiles Market
By Region
Central
- Al-Qassim
- Riyadh
North
- Ha’il
- Tabuk
- Al-Jawf
- Northern Border Province
West
- Madinah
- Makkah
- Al-Bahah
South
- Asir
- Jazan
- Najran
East
- Eastern Province
Saudi Arabia Ceramic Tiles Market Recent Development:
- October 2024: RAK Ceramics formed an exclusive partnership with Sobha Constructions LLC, to supply it with premium ceramic and porcelain tiles for the upcoming projects.
- June 2024: Saudi Ceramics announced that it will start its trial manufacturing operations in its new porcelain factory.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Saudi Arabia Ceramic Tiles Market?
- How is the Saudi Arabia Ceramic Tiles Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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