The Middle East flooring and carpet market provides a variety of floorings like tiles, wood, laminates, vinyl sheets and carpets. Flooring and carpets plays a key role in enhancing the aesthetic appeal and functionality of residential and commercial spaces. Carpets offer benefits such as thermal insulation, sound absorption and cushioning. The vinyl sheets and laminate floors are easy to maintain and clean and come in diverse styles and designs.

Middle East flooring and carpet market is estimated to be valued at US$ 10.29 Bn in 2024 and is expected to exhibit a CAGR of 34% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Middle East Flooring and Carpet Market Demand are AliveCor Inc., Altoida Inc., Amgen Inc., Human API, Fitbit, Inc., Biogen Inc, Bayer AG, Akili Interactive Labs, Evidation Health, Inc., GlaxoSmithKline Plc, and Eli Lilly and Company, among others. The increasing new residential and commercial construction projects across Middle Eastern countries is fueling the demand for flooring and carpet solutions in the region. The key players are expanding their product portfolio and focusing on global expansion by entering into partnerships with local players to tap growth opportunities in the fast-growing Middle East market.

Market drivers

One of the key drivers for the growth of Middle East flooring and carpet market is the increasing construction activities in the region. The governments of Middle Eastern countries are undertaking various infrastructure projects and introducing favorable policies to attract foreign investments which is positively impacting the growth of construction sector. Further, the growing population and rising disposable income are increasing the sales of premium and designer flooring and carpet products in residential as well as commercial applications. This is anticipated to continue driving the Middle East flooring and carpet market during the forecast period.

Get more insights on Middle East Flooring and Carpet Market