Concealed Cistern Market in GCC Market Size (2024 - 2029)

GCC Concealed Cistern Market Analysis

The concealed cistern market in the GCC is poised to grow at a CAGR of greater than 3.5% during the forecasted period. As the name suggests instead of being on display, the cistern element of the toilet is concealed, either behind a wall or within a furniture unit, with just the toilet pan visible. This helps contribute to a cleaner, more minimalist style bathroom that's both easy to maintain and stylish.

The COVID-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock causing a GDP contraction of 4.8% in 2020. The three countries with the largest deficits in 2020 were Kuwait, Bahrain, and Oman. Oil supply cutbacks and the four-year-low average oil price of USD 41.30 per barrel slashed the region's goods and services exports by 8.1% in real terms and turned the current account surplus of 6.8% of GDP in 2019 into a deficit of 2.9% of GDP in 2020 having a ripple effect on all the markets connected.

In 2022, on an average GCC countries have a GDP of 4% and with the real estate sector contributing almost 15% to GDP, more is expected by people to spend on modernizing toilets and bathrooms. In 2021-2022, Saudi Arabia observed around an 8% annual growth rate of residential and non-residential buildings signifying the market for a concealed cisterns in newly constructed buildings and houses.

GCC Concealed Cistern Industry Segmentation

In a system of construction where space for any appliance is tried to be minimized, concealed cistern plays an important role in maximizing toilet and bathroom spaces and making them more spacious and comfortable. These cisterns are mostly utilized in bathrooms, toilets, and other spaces where water is needed on a daily basis. This report aims to provide a detailed analysis of the GCC Concealed Cistern Market. It focuses on market dynamics, technological trends, and insights into various product types and application types. Also, it analyses the key players and the competitive landscape in the GCC concealed cistern market. Concealed Cistern Market in GCC is segmented by Product Type (With Frame, Half frame, Without Frame), by End-User (Residential, Commercial), by Distribution Channel (Home Centers, Specialty Stores, Online, and Other Distribution Channels), and by Country (UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman).The report offers market size and forecasts for Concealed Cistern Market in GCC in value (USD Million) for all the above segments.