Saudi Arabia Vinyl Flooring Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)

Saudi Arabia Vinyl Flooring Market Size

Saudi Arabia Vinyl Flooring Market Trends & Growth Drivers

Growing Demand for Aesthetic Flooring in Commercial Sector Are Major Trends in Market

• Because vinyl flooring offers strength, durability, low maintenance requirements, and, above all, visually striking looks, the demand for it in commercial spaces, such as shopping malls, hotels, and resorts, is rising. The major upcoming hotels in the kingdom include Four Seasons Hotel Diriyah, Six Senses Southern Dunes & Six Senses Amaala, The St. Regis Red Sea Resort & Nujuma, Four Seasons Resort Sindalah, and Four Seasons Hotel Jeddah.
• The continuous development of offices and retail zones plays an important role in increasing the demand for vinyl flooring.
• Because of its easy-to-clean, water-resistant, and indoor air quality improvement quality, it is popular in healthcare and educational institutions.
• The Saudi Arabian government is investing in many important infrastructure projects, such as airports and the Riyadh metro, which is expected to increase the consumer demand for vinyl flooring products.

Development of Infrastructural Projects in Saudi Arabia Is Key Driver for This Market

• The increasing number of infrastructure and projects plays an important role in driving the growth of the Saudi Arabian vinyl flooring market. Some major projects that have drastically increased the need for long-lasting, reasonably priced, and aesthetically pleasing flooring solutions are NEOM City, Qiddiya, and Red Sea Project.
• In 2024, Saudi Arabia has 14 ongoing giga projects.
• Vinyl flooring is now gaining popularity in both the residential and commercial sectors due to its easy adaptability, simply installation, and minimal maintenance needs. Additionally, it provides a hygienic look, environmental sustainability, and visually beautiful solutions to residents, guests, employees, and visitors.

Strict Regulations on Certain Chemicals in Saudi Arabia Are Affecting Market

• The stringent government regulations for construction and allied sectors are a major challenge in the expansion of the vinyl flooring sector in Saudi Arabia. The government's strict laws on the use of hazardous chemicals and its environmental sustainability standards subject vinyl flooring to compliance.
• Apart from hazardous materials, the strict regulations on emissions and waste handling make the distribution, installation, and production of an array of building materials in Saudi Arabia difficult. These rules raise the operating expenses for market players, as well as complicate the supply chain.
• As a result, the Saudi Arabian vinyl flooring industry finds it difficult to balance meeting the customer demand and preserving profitability with navigating the regulatory environment.

Saudi Arabia Vinyl Flooring Market Analysis

Product Insights

• The luxury vinyl tiles category dominates the market 2024 with around 50% revenue share, and it is expected to witness the highest CAGR, during 2024–2030.
• Luxury vinyl tiles are among the most-popular options when deciding on flooring for residential and commercial buildings because of their long-lasting nature, appealing appearance, and superior quality.

The products covered in the report include:

• Sheet Vinyl Flooring
• Vinyl Composition Tiles
• Luxury Vinyl Tiles (Largest and Fastest-Growing Category)

End User Insights

• The residential category is expected to witness the highest CAGR, of 5.7%, during 2024–2030. Market players are toiling hard to meet the flooring requirements for residential buildings, such as apartments, villas, traditional houses, and farmhouses. This material is in high demand in the residential sector because of its low cost, aesthetic appeal, and longevity.
• Under Saudi Vision 2030, over 500,000 residential units have been planned to be introduced by 2030.
• Because of the growing population and urbanization in Saudi Arabia, the residential sector of the kingdom is witnessing significant development, thereby leading to the increasing demand for vinyl flooring.

The end users covered in the report are:

• Residential (Faster-Growing Category)
  • Apartments
  • Villas
  • Traditional houses
  • Farmhouses
  • Others
• Commercial (Larger Category)
  • Corporate offices
  • Hotels
  • Educational buildings
  • Healthcare centers
  • Research institutions
  • Others

Regional Insights

• Al-Riyadh has acquired the largest market share, of 40%, in 2024 because of its huge population and high rate of urbanization. As a result of the increasing number of commercial and residential buildings under construction and renovation, the demand for aesthetically pleasing materials for floors is surging.
• Makkah is growing significantly, in 2024–2030. Makkah is a business as well as a tourism powerhouse, in addition to being a center for religion. The large-scale construction of hotels, shopping centers, and residential complexes is the primary driver of the need for vinyl flooring in this region.

The provinces analyzed in this report include:

• Al-Riyadh (Largest and Fastest-Growing Province)
• Makkah 
• Al-Madinah
• Al-Qaseem
• Eastern Region
• Aseer
• Tabouk
• Hayel
• Northern Border
• Jazan
• Najran
• Al-Baha
• Al-Jouf

Vinyl Flooring Market Share

The Saudi Arabian vinyl flooring market is fragmented in nature because a large number of logical companies offer these materials. Further fragmentation has been caused by the entry of international players, diverse product offerings, and varying consumer preferences, which force companies to enhance their distribution channels and drive intense competition.