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FinancialNews


  • 15-12-16

    Mideast flooring, carpet market to grow at USD10bn by 2026

    (MENAFN) The flooring and carpet market in the Middle East region will grow with a value at USD10bn by 2025, increasing at an annual growth rate of more than 5 percent.

    Additionally, the nylon sector will dominate the market with more than 40 percent of the share until the year end.

    Meanwhile, the residential segment will push the market ahead this year, while the automotive app and hospitality segment will also show positive results.

    Moreover, Qatar and Kuwait will be major contributors to the increase of the region"s flooring and carpet market.

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