Saudi Arabia Bathroom Fittings Market Overview, 2028

Saudi Arabia Bathroom Fittings Market Overview, 2028

Actual Market Research 31-12-2022 69 Pages Figures : 5 Tables : 10 Region : MEA Country : Saudi Arabia Category : Consumer Goods & Services Household Goods

Saudi Arabia's market for Bathroom fittings has experienced rapid expansion in recent years. Saudi Arabia is a major center for bathroom fitting industry participants in the GCC. The need for bathroom fixtures is being greatly augmented by expanding government programs to encourage affordable housing as well as rising demand from the commercial and institutional sectors, including hotels, businesses, schools, and colleges. The Saudi Arabian market for bathroom fittings goods is expected to grow significantly in the coming years due to increased housing demand from both native and immigrant populations. Many mega-projects are set to come to fruition in the next decade, which will change not only the kingdom's landscapes but, in many cases, the day-to-day lives of residents, too. Additionally, it is anticipated that rising consumer spending power would further fuel market demand development. Saudi Ceramic, Forsan, RAK, Casa Via, Arabian Company for Ceramics, and others are among the top brands in Saudi Arabia. Geberit Group, the European leader in the field of sanitary and bathroom products, has launched its unique line of products in the Saudi market including the Geberit ONE bathroom series, the new iCon bathroom series, the new Tap type 80, a selection of flush actuators and a range of HDPE pipe fittings. According to the research report, “Saudi Arabia Bathroom fittings Market Overview, 2028” published by Bonafide Research, the market is projected to add USD 210.70 Million by 2028. Recent months have seen an increase in the demand for bathrooms with smart bath fixtures, and the Middle East has seen a major rise in construction activity. This expansion will be fuelled by organizations' continual innovation in response to customers' shifting preferences. Thanks to contact-free infrared technology, washing has never been safer or more impermeable at the faucet. The influence of COVID on health and safety is particularly substantial because of which innovations are happening at a great pace. Bathrooms with IoT functionality The state-of-the-art Internet of Things (IoT) solution links various devices, such as faucets, urinals, toilets, flushing mechanisms, and dispensers, through a centralized system. It is known as RocaProtect®, and it is based on the "Internet of Things." It provides public and private bathroom surveillance platforms. With the use of a PC dashboard or mobile app, customers can set up items, monitor usage, and respond to alerts with Roca's service, which simplifies management and maintenance. All bathroom manufacturers are making innovation the bedrock of their product offerings. Kohler has successfully penetrated all segments of bath fitting in the country. It has captured both residential and hospitality consumers. Additionally, also targeted commercial projects and won projects such as the Emirates National Schools in the UAE and ADNOC Headquarters and Villas. The company has specifically designed for the Middle East demands that combine luxury and sustainability. Kohler Artist Edition Marrakesh on Camber under-mount bathroom sink is named for the ancient capital of Morocco. The Marrakesh design was inspired by Moorish architecture found in this magical city that once served as a stop along a major trade route to the famous Timbuktu. The design of this Camber basin evokes the mosaics found in Moroccan courtyards. Another product, the Litre Flush Toilet is an innovative three-liter flushing technology system for floor-mounted and wall-hung Western water closets to meet Saudi Arabian Standards Organisation (SASO) standards. The toilet is an eco-friendly and water-saving product to help tackle the region’s water issues. According to the World Bank, Saudi Arabia's population was 35,340,680 in 2021, with 20,437,084 males and 14,903,596 females. There are 8,671,039 people under the age of 14 in the overall population. The population of people aged 20 to 40 is 12,188,458. The urban population is 29,799,824 people, while the rural population is 5,462,868 people. Saudi Arabia's GDP in 2021 was USD 833.54 billion, with a 3.1% inflation rate and a per capita income of USD 23,585.9. The expected total number of households in Saudi Arabia was 3.68 million in 2019, and the country's homeownership rate was 62.08%, which obliquely suggests that the market potential for bathroom fixtures is likely to be significantly larger in the future. BinDawood, Lulu Saudi, and others are the largest hypermarket presented in Saudi Arabia. Panda Supermarket, Al Jazira, Farm, Danube, Carrefour, Othaim Supermarkets, and others are the top chains in supermarkets in Saudi Arabia. Retail establishments, which make up the offline distribution channel, owned the bulk of the market. Until recently, retail stores were the only places to purchase bathroom fixtures. At these places, customers received assistance in choosing from a range of items. Bathroom fixture providers enhanced the security and dependability of their online purchasing processes in response to the increasing sales possibility for these items through online channels, which in turn raised the demand for these products online. Covid-19 Impact: The spread of COVID-19 contributed to the decline of the Saudi Arabia Bathroom fittings market on the back of disturbances in the supply chain and discontinuation of production. Also, because of low construction activities during the Covid-19 period and consequent disruptions in the operations during the lockdown period in the country dipped the sales revenue for many of the top Bathroom fittings brands in the near term significantly contributing towards the slow growth of Saudi Arabia Bathroom fittings market in the coming years. Considered in this report • Geography: Saudi Arabia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Saudi Arabia Bathroom fittings market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Faucets • Showers • Others (Towel Rack/Ring, Hook, Grab Bars, Paper Holder, etc.) By Distribution Channel • Offline • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Bathroom fittings industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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