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Saudi Arabia’s Vision 2030 fuels the vinyl flooring market, valued at $289.91 million, through massive infrastructure projects like NEOM and Qiddiya. These initiatives drive demand for durable, cost-effective flooring, with 14 giga projects boosting construction. Riyadh, with 40% market share, sees high demand due to urbanization. The government’s $3.0 million housing plan supports residential growth, increasing vinyl flooring use in 70% of new homes. Companies like Forbo Holding Ltd. are expanding production to meet demand for low-maintenance, waterproof vinyl tiles, particularly for commercial spaces like malls and offices.

Rapid urbanization, with 84% of Saudis in cities, drives the $289.91 million vinyl flooring market, especially in Riyadh and Makkah. Luxury vinyl tiles, holding 67.41% market share, are popular for their aesthetic appeal and durability. E-commerce platforms, accounting for 11% of sales, offer diverse designs, boosting consumer access. Growing demand for eco-friendly flooring aligns with sustainability goals, with firms like Gerflor Group introducing bio-based vinyl. Consumer preference for low-maintenance, water-resistant flooring in high-traffic areas like healthcare and hospitality, where vinyl is used in 60% of projects, further propels market growth.

Key Market Trends & Insights:

Rise of Luxury Vinyl Tiles

Luxury vinyl tiles (LVT), holding 67.41% market share, are booming due to their aesthetic appeal and durability. Used in 60% of Riyadh’s commercial projects, LVT by Forbo Holding Ltd. mimics wood and stone, driving the $289.91 million market.

Growth in Eco-Friendly Flooring

Sustainable vinyl flooring is gaining traction, with Gerflor Group offering bio-based options. The market, valued at $289.91 million, sees 70% of new homes adopting eco-friendly vinyl, aligning with Vision 2030’s green goals and reducing environmental impact in construction.

Expansion of E-Commerce Sales

Online platforms account for 11% of vinyl flooring sales. Retailers like Tarkett provide diverse designs via e-commerce, boosting accessibility in Riyadh and Makkah. This trend supports the $289.91 million market, catering to urban consumers’ convenience needs.

Demand for Waterproof Vinyl

Waterproof vinyl flooring is surging in healthcare and hospitality, used in 60% of such projects. Companies like Armstrong Flooring supply water-resistant tiles for high-traffic areas, meeting durability needs in the $289.91 million market, especially in Jeddah.

Smart Manufacturing Innovations

Advanced manufacturing, like 3D printing by Mohawk Industries, enhances vinyl design customization. With 40% market share in Riyadh, these innovations support the $289.91 million market, offering cost-effective, high-quality flooring for Saudi Arabia’s 14 giga projects.

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