The Middle East wood flooring industry size reached USD 5,840 million in 2023. Over the forecast period, demand is anticipated to rise at 6.6% CAGR. Total industry value is predicted to increase from USD 6,190.1 million in 2024 to USD 11,738.6 million in 2034.
The Middle East flooring industry size is growing rapidly due to a number of factors like the region’s unique mix of classical and modern design values. Wooden flooring is greatly appreciated for unique and lifelong beauty along with adaptability and durability.
The ability to mix easily into a variety of design styles ranging from rustic to modern is making the product a popular option for both residential and commercial settings. Key development projects such as Bella Vento El Galala Resort, New Alamein City, and the New Administrative Capital in Egypt are anticipated to push demand for high-quality wooden flooring solutions.
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Wood flooring provides a high aesthetic appeal. The solution is set to cater to the rising demand for sustainable and eco-friendly flooring options in the Middle East. The accessibility of sustainably sourced wood and eco-friendly options such as bamboo and engineered wood allows customers to make ecologically conscious decisions without sacrificing style or quality.
Key Takeaways from the Report
- Sales of wood flooring solutions in the Middle East grew at a CAGR of 2.4% between 2019 and 2023.
- Tier 1 companies comprise leaders with a revenue of above USD 100 million in the Middle East.
- The Kingdom of Saudi Arabia’s wood flooring industry size is projected to reach USD 1,530.5 million by 2034.
- Sales of wood flooring solutions in the United Arab Emirates are projected to soar at a CAGR of around 5.1% during the assessment period.
- By end-use, the commercial segment is projected to thrive at 6.3% CAGR during the forecast period.
- Based on product type, the engineered wood segment is anticipated to rise at a CAGR of 6.6% CAGR in the evaluation period.
“Popularity of wooden flooring extends beyond residential and office spaces, transcending into several architectural and commercial ventures across the Middle East. Its attractiveness adds elegance and warmth to a variety of situations,” – says FMI Analyst.
Competitive Landscape
Chabros International Group, FLOORWORLD LLC, Kährs, BerryAlloc, Top Surface, Woodfloors Middle East, Armstrong Flooring, ZandS Carpets, Mohawk Industries, and Shaw Industries are the leading wood flooring manufacturers profiled in the report.
Key players in the Middle East wood flooring industry are focusing on the expansion of domestic production and technology areas to provide cost-efficient solutions to consumers. These companies are also investing in developing new products and innovation existing lines to meet end-user demand.
A Leading Company in the Middle East
- Located in the Middle East, BerryAlloc is a high-end supplier of wood and laminate flooring, having originated in Belgium. The firm is renowned for offering a wide range of elegant and durable flooring alternatives. High-pressure and high-density materials used in BerryAlloc’s products provide durability and lifespan, making these a popular option for high-traffic locations.
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More Insights into the Middle East Wood Flooring Industry Report
In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the Middle East wood flooring industry, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the Middle East industry potential, growth, and scope, the sector is segmented based on product type, wood type, distribution channel, end-use, and country.
Key Segmentations
By Product Type:
- Solid wood
- Engineered wood.
By Wood Type:
- Oak,
- Maple
By Distribution Channel:
- Offline
- Online
By End-use:
- Residential
- Commercial
By Country:
- Kingdom of Saudi Arabia,
- United Arab Emirates,
- Egypt,
- Türkiye,
- Iran,
- Qatar,
- Oman,
- Kuwait,
- Bahrain,
- Jordan,
- Middle East
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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