Market Trends of Saudi Arabia Tiles Industry
This section covers the major market trends shaping the Saudi Arabia Tiles Market according to our research experts:
Housing Sector is Driving the Market for Tiles
The number of new residential buildings or individual houses rose rapidly over the years in the country. Some of the other factors that have been proactive in maintaining the demand for tiles are Increasing urbanization, advancements in technology, inflating incomes, and growth in population which has resulted in added housing requirements. Manufacturers are thus focusing on the production of ceramic tiles for housing purposes. Thus, the housing sector and new installation activities are anticipated to drive growth of the ceramic tiles market. The growing urbanization in the region is expected to propel population growth in the cities and this will increase the demand for utilities, leading to increased housing demand in the region. The trend is expected to drive the market growth of the region.
Ceramic Tiles Segment
Ceramic tiles are thin slabs of clay or other inorganic materials, hardened by oven firing and usually coated with glaze. The ceramic tiles production industry is witnessing a rising trend of digital inkjet printing technology for decoration of tiles. These products are commercially available in a wide range of colors, sizes, and textures, thus are gaining consumer attraction for high-end flooring applications. Growing industrialization, urbanization, and an increase in disposable income are estimated to have a positive impact on the demand for ceramic tiles. The growth of the ceramic tiles market can be attributed to the growing consumption of residential buildings, hospitals, and laboratories among others owing to their durability and low price. Ceramic tiles are available in different glaze options and styles, which range from traditional to western. With consumers seeking stylish and less expensive flooring options, their demand has significantly increased over the past few years.
