Carpet segment has the Largest Share of Type in the Middle East and Africa Indoor Flooring Market during 2021–2028 

According to a new market research study on “Middle East and Africa Indoor Flooring Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, End User and Country” is expected to reach US$ 9.21 billion by 2028 from US$ 7.35 billion in 2021. The market is estimated to grow at a CAGR of 3.3% from 2021 to 2028. The report provides trends prevailing in the Middle East and Africa indoor flooring market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to rising in number of commercial and residential construction projects and surge in product innovations and launches are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to stringent government regulations and high cost of installation and maintenance.

Among the MEA countries, Turkey, Iran, and South Africa have faced the highest number of COVID-19 cases. Other major countries facing the economic impact of COVID-19 include Iraq, Israel, Morocco, Saudi Arabia, and UAE. The region comprises many growing economies such as UAE and Saudi Arabia, which are prospective markets for Indoor Flooring providers due to the huge presence of a residential, commercial, and industrial sector. The global COVID-19 pandemic would have significant effects on global economies, but the region has negatively impacted as there is already pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, are further aggravating the economic problems of the countries in the region. Measures to suppress the Covid-19 pandemic, including self-isolating, hand washing, and lockdowns assume that communities, societies, and residential pipelines have sustainable access to acceptable amounts of adequate quality water. Nevertheless, across developing countries the good interiors demand is decreasing, along with the commercial’s properties due to lockdowns. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the market till mid-2021. Saudi Arabia's construction sector has dropped to -1.9 percent from -2.8 percent, with a 3.3 percent rebound forecast in 2021. This revision reflects improving economic efficiency, the cessation of a national curfew at the end of September, the easing of controls on companies following three months of tight curbs, and a substantial decrease in infection incidence.

The market for Middle East and Africa Indoor Flooring Market is segmented into the type, end user and country. Based on type, the Middle East and Africa Indoor Flooring Market is segmented into ceramic tiles, carpet, vinyl linoleum & rubber, wood & laminate and others. In 2021, the carpet segment accounted for the largest market share. The growth of these segments is attributed to extensively use flooring decor. However the vinyl linoleum & rubber segment is estimated to register the highest CAGR during the forecast period.

Forbo International SA, Armstrong Flooring, Inc., Beaulieu International Group, Interface, Inc., Toli Corporation, Mohawk Industries, Inc. ,Shaw Industries Group, Inc. Among the leading companies in the Middle East and Africa indoor flooring market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The market for Middle East and Africa indoor flooring market is segmented into type, and end user. Based on type, the Middle East and Africa indoor flooring market is segmented ceramic tiles, carpet, vinyl linoleum & rubber, wood & laminate and others. Based on end user, the Middle East and Africa indoor flooring market is segmented into residential, and non-residential. By Geographically, Middle East and Africa indoor flooring market is segmented into ( South Africa , Saudi Arabia , UAE , and Rest of MEA ).

Middle East and Africa  Indoor Flooring Market , By Country, 2021 and 2028 (%)

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