Saudi Arabia Doors & Windows Market to Grow at 4.90% CAGR through 2027
Saudi
Arabia doors & windows market is anticipated to register growth due to
increasing population of the country.
According to TechSci report on, “Saudi Arabia Doors & Windows Market - By Region,
Competition Forecast & Opportunities, 2027” Saudi Arabia doors
& windows market is expected to grow at a 4.9% CAGR during the forecast
period of 2023-2027, to achieve a market value of USD4.81 billion by 2027F,
owing to the growing construction industry. A surge in the construction of
buildings and enclosed infrastructures is driving the growth of the Saudi
Arabia doors & windows market in the upcoming five years. Rapidly growing
population of the country coupled with the rising immigrant population in the
country also supports the growth of the Saudi Arabia doors & windows market
by increasing the demands for industrial, residential, and commercial
infrastructure in the next five years. Moreover, expanding tourism sector is
also responsible for the market growth. Growing pilgrimage tourism to Makkah
& Madinah along with recreational tourism is gaining popularity in recent
years and thus substantiate the growth of the Saudi Arabia doors & windows
market in the future five years. 20.29 million tourists visited the country in
2018, up from 17.57 million in 2017, representing a 15.48% annual increase.
Also, a rapid increase in the combined salaries of
family members boosts consumers' disposable income, allowing them to spend more
freely. Thus, the consumers are lavishly spending over the aesthetic and modern
designs of the doors & windows and aiding the growth of the Saudi Arabia
doors & windows market in the forecast years through 2027. Increasing
construction of residential building, skyscrapers, advanced designing
techniques, evolving architectural designing, coupled with increasing
investment in the construction sector, and government-aided funds for enhancing
the tourism sector and its services, are some of the other factors facilitating
the growth of the Saudi Arabia doors & windows market in the forecast
period.
Browse over 22 market data Figures and 1
Table spread through 81 Pages and an in-depth TOC on "Saudi Arabia
Doors & Windows Market"
https://www.techsciresearch.com/report/saudi-arabia-door-window-market/1581.html
The Saudi Arabia doors & windows market is
segmented based on product type, material type, end user, distribution channel,
region, and competitive landscape. Based on product type, the market is further
fragmented into doors & windows. Doors are anticipated to hold the largest
revenue shares of the market and dominate the market segment in the upcoming
five years on the ground of increasing construction of commercial complexes and
industrial infrastructure. Moreover, the increasing number of taller buildings,
skyscrapers, and multi-level infrastructure construction further facilitates
the demands of multiple doors and thus aids the growth of the segment. Windows
demands have certainly increased but not too huge due to the increasing demands
for air-conditioned buildings. Increasing construction of buildings with inbuilt
HVAC systems minimizes the demand for windows.
In terms of material type, the Saudi Arabia doors
& windows market is segmented into wood, aluminum, glass, and others like
steel, PVC, etc. Although wood materials led the market segment with over 38%
revenue shares of the market, the market growth in the previous years has
minutely decreased. This decrease can be attributed to the struggle of
availability of the raw material for construction. However, increasing imports
and increasing investment in raw material manufacturing would support the
growth of the Saudi Arabia doors & windows market in the future five years.
The market is also bifurcated into residential,
commercial, hospitality, office, education, kitchen, others like healthcare,
industrial, airports, infrastructure, etc., based on the end user. Also, the
market is divided into direct and indirect channels based on distribution
channels. The market analysis also studies the regions of the Saudi Arabia,
such as the Western, Northern & Central, Eastern, Southern.
A partial list of major market players of the Saudi
Arabia doors & windows market includes:
·
Al Kuhaimi Metal Industries Ltd.
·
The Saudi Modern Factory Co.
·
Saudi Anfal Group
·
Creative Windows
·
Modern Woodworks (LLC)
·
Saudi Industries for PVC Windows Co. Ltd.
(Wintek)
·
Rafee Metal Industries
·
Assa Abloy Entrance Systems Saudi Arabia
·
Watan Wood Works
·
Ideal Window
·
Faden Wooden Works
Download Sample [email protected] https://www.techsciresearch.com/sample-report.aspx?cid=1581
Customers can also
request for 10% free customization on this report.
“Construction industry in the country is regaining
its status and growth going forth in future on the back of increasing population
of the country. Rising demands for the “home for all” and increasing immigrant
population of the country further facilitate the growth of the Saudi Arabia
doors & windows market in the future five years. Availability of the raw
material for the construction along with difficulty in the production of the
various material in the country is a potential sector where the market players
may advance or input their resources to expand the growth of the market along
with establishing their own brand in the market,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi
Arabia Doors & Windows Market By Product Type (Doors & Windows), By
Material Type (Wood, Aluminum, Glass, Others (Steel, PVC, etc.)), By End User
(Residential, Commercial, Hospitality, Office, Education, Kitchen, Others
(Healthcare, Industrial, Airports, Infrastructure, etc.), By Distribution
Channel (Direct & Indirect), By Region (Western, Northern & Central,
Eastern, Southern), Competition, Forecast & Opportunities, 2017-2027” has evaluated the future growth potential of Saudi
Arabia doors & windows market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Saudi Arabia doors
& windows market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com