(MENAFN) The flooring Gulf market is ready for a decade of strong increase and is projected to reach an annual value of USD1bn by 2026.
Accordingly, widespread new builds and renovation projects throughout the region will lead to consistent, exponential growth of more than 5 percent per annum.
Meanwhile, the demand for flooring runs parallel with the ambitions of the leading GCC nations, driven by urban development across all sectors; residential, office, hospitality and retail.
Furthermore, with 20.885 construction projects ongoing in the GCC, the need for the likes of carpets, rugs, tile, vinyl, rubber, wood and laminates is being felt across the flooring industry.
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