The Middle East wood flooring industry, valued at USD 5,840 million in 2023, is poised for significant growth over the next decade. Demand for wood flooring is anticipated to rise at a robust CAGR of 6.6%, driving the market value from USD 6,190.1 million in 2024 to an impressive USD 11,738.6 million by 2034. This growth is fueled by increasing construction activities, rising disposable incomes, and a growing preference for aesthetically pleasing and durable flooring options. The industry’s expansion reflects a broader trend of urbanization and development across the region, with enhanced living standards and a burgeoning real estate market playing pivotal roles.
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 an Analyst at Future Market Insights (FMI).
Rise in Demand for Wood Flooring in Construction Sector
Flooring occupies the largest area of interiors, and it is also the element that interacts with the occupants the most. Wood floorings are used in many interior designs to create various esthetic styles through different colors and substances. Wood floorings can enhance the warmth of the space, enrich visual layers, and let our feet feel the warm wood texture.
Wood flooring is less prone to sustain damage and is simpler to maintain. Both cleaning and repair expenses are likely to reduce over time. Additionally, hardwood flooring can last for many generations due to their extreme durability; therefore, it is an affordable option for flooring.
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.
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Key Segmentations
By Product Type:
- Solid wood
- Engineered wood
By Wood Type:
- Oak
- Maple
- Others
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
About Future Market Insights (FMI)
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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