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.
New York, June 07, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Saudi Arabia Doors & Windows Market, By Product Type, By Material Type, By End User (Residential, Commercial, Hospitality, Office, Education, Kitchen, Others, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2017-2027" - https://www.reportlinker.com/p06247395/?utm_source=GNW
), By Distribution Channel (Direct & Indirect), By Region (Western, Northern & Central, Eastern, Southern), Competition, Forecast & Opportunities, 2017-2027
Saudi Arabia doors & windows market registered a market value of USD3.62 billion in 2021 and is anticipated to grow at a CAGR of 4.90% during the forecast period, 2023-2027F, to achieve the market value of USD4.81 billion by 2027F. The rising construction of residential and commercial infrastructure is actively driving the growth of the Saudi Arabia doors & windows market in the upcoming five years. Rapidly increasing population of the country, along with the increasing immigrant population, is also responsible for the market growth. The demand for home for all and surging need to accommodate the growing population supports the growth of the Saudi Arabia doors & windows market in the upcoming five years.
Additionally, expanding construction industry has provided modern designs and the demand for the aesthetic looks in their homes and commercial buildings, also aid to the growth of the Saudi Arabia doors & windows market in the future five years.However, the construction industry was drastically affected.
Construction of the new building as well as refurbishing of various infrastructure was halted.Strict regulation and constrained lockdown further created hindrance in the construction, thereby creating restraint on the market growth.
Although with recent relaxation and rising disposable income among the population, construction and refurbishing services are re-instated and, thereby, substantiating the growth of the Saudi Arabia doors & windows market in the future five years. Increasing investments and governmental support through favorable schemes and tax incentives are further expected to facilitate the growth of the Saudi Arabia doors & windows market in the forecast period through 2027.
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.In terms of material type, the Saudi Arabia doors & windows market is segmented into wood, aluminum, glass, and others, which include steel, PVC, etc.
The market is also segmented into residential, commercial, hospitality, office, education, kitchen, and others like healthcare, industrial, airports, infrastructure, etc., based on the end user. Also, the market is divided into direct and indirect channels based on the distribution channel. The market analysis also studies the regions of Saudi Arabia, such as the Western, Northern & Central, Eastern, and Southern.
The major market players that lead the market growth of the Saudi Arabia doors & windows market are 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, etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
• To analyze the market size of Saudi Arabia doors & windows market from 2017 to 2021.
• To estimate and forecast the market size of Saudi Arabia doors & windows market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast Saudi Arabia doors & windows market based on product type, material type, end user, distribution channel, region, and competitive landscape.
• To identify dominant region or segment in the Saudi Arabia doors & windows market.
• To identify drivers and challenges for Saudi Arabia doors & windows market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia doors & windows market.
• To identify and analyze the profile of leading players operating in Saudi Arabia doors & windows market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia doors & windows market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the country.
The analyst calculated the market size of Saudi Arabia doors & windows market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to doors & windows
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia doors & windows market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia Doors & Windows Market, By Product Type:
• Saudi Arabia Doors & Windows Market, By Material Type:
• Saudi Arabia Doors & Windows Market, By End User:
• Saudi Arabia Doors & Windows Market, By Distribution Channel:
• Saudi Arabia Doors & Windows Market, By Region:
o Northern & Central
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia doors & windows market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06247395/?utm_source=GNW
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