Market Forecast By Product Type (Automatic Carpet Loom, Semi-automatic Carpet Loom), By End-User (Residential, Commercial, Others) And Competitive Landscape
Product Code: ETC429635 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Saudi Arabia carpet looms market is expected to witness significant growth in the next five years, owing to the growing construction industry in the country. Carpet looms are extensively used in residential, commercial, and industrial applications. The growing demand for carpets from end-use industries such as hospitality, healthcare, and retail is expected to drive the market for carpet looms in Saudi Arabia.
According to 6Wresearch, the Saudi Arabia Carpet Looms Market size is expected to grow during 2022-2028. Increasing population and rapid urbanization are anticipated to spur the demand for residential construction in Saudi Arabia, which is likely to drive the Saudi Arabia carpet looms market over the forecast period. The growing preference for online purchasing is expected to restraint the growth of the Saudi Arabia carpet looms market during the forecast period. Online retailers offer a wide range of products at competitive prices with an option of free home delivery. This is expected to hinder the growth of brick-and-mortar stores selling carpet loom products in Saudi Arabia.
The production of carpets involves a number of processes, including spinning, weaving, tufting, and finishing. Carpets can be made from a variety of materials, including wool, cotton, synthetic fibers, and natural fibers. The most common type of carpet is made from wool, which is durable and has a natural resistance to dirt and stains.
There are two main types of Saudi Arabia carpet looms: hand-knotted and machine-made.
Hand-knotted Saudi Arabia carpets are made using a traditional method that has been passed down for centuries. These carpets are made by knotting individual strands of wool or cotton onto the warp (vertical) and weft (horizontal) threads of the loom. The number of knots per square inch can range from as low as 30 to as high as 1,000, making hand-knotted Saudi Arabia carpets some of the most intricate and detailed on the market.
Machine-made Saudi Arabia carpets are made using a power loom, which is a faster and less labor-intensive method than hand knotting. In this type of carpet, the pile (the soft part of the carpet that you walk on) is tufted onto the backing material using needles. The tufts are then held in place with a secondary backing material that is applied with adhesive.
The market is driven by factors such as the rising demand for carpets in the residential sector and the growing construction industry. The Saudi Arabia carpet looms market is segmented by end user into residential and commercial. The residential segment accounted for the largest share of the Saudi Arabia carpet looms market in 2019, and is expected to grow at the fastest CAGR during the forecast period. The increase in construction activities, particularly in the residential sector, is one of the key factors driving the growth of this segment.
The commercial segment is expected to grow at a significant CAGR during the forecast period. The increasing number of hotels and office buildings being constructed in Saudi Arabia is one of the key drivers for this segment's growth.
The pandemic seriously affected the Global Carpet Looms Market. As the government imposed a strict lockdown and prohibited any movement, this pushed the economy of the country towards a crisis by seriously impacting the purchasing power of the individuals and shifting the focus of consumers to essential items only. And Carpets are not considered to be on the essential item list for consumers, which reduced the demand for carpets severely in the market. End-user industries also registered negative growth which compounded the effect of the virus on the Saudi Arabia Carpet Looms Market Revenue.
Some of the key players in the Saudi Arabia carpet loom market share include:
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Carpet looms Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Carpet looms Market Revenues & Volume, 2021 & 2028F |
3.3 Saudi Arabia Carpet looms Market - Industry Life Cycle |
3.4 Saudi Arabia Carpet looms Market - Porter's Five Forces |
3.5 Saudi Arabia Carpet looms Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Saudi Arabia Carpet looms Market Revenues & Volume Share, By End-User, 2021 & 2028F |
4 Saudi Arabia Carpet looms Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Carpet looms Market Trends |
6 Saudi Arabia Carpet looms Market, By Types |
6.1 Saudi Arabia Carpet looms Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Carpet looms Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Saudi Arabia Carpet looms Market Revenues & Volume, By Automatic Carpet Loom, 2018 - 2028F |
6.1.4 Saudi Arabia Carpet looms Market Revenues & Volume, By Semi-automatic Carpet Loom, 2018 - 2028F |
6.2 Saudi Arabia Carpet looms Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Carpet looms Market Revenues & Volume, By Residential, 2018 - 2028F |
6.2.3 Saudi Arabia Carpet looms Market Revenues & Volume, By Commercial, 2018 - 2028F |
6.2.4 Saudi Arabia Carpet looms Market Revenues & Volume, By Others, 2018 - 2028F |
7 Saudi Arabia Carpet looms Market Import-Export Trade Statistics |
7.1 Saudi Arabia Carpet looms Market Export to Major Countries |
7.2 Saudi Arabia Carpet looms Market Imports from Major Countries |
8 Saudi Arabia Carpet looms Market Key Performance Indicators |
9 Saudi Arabia Carpet looms Market - Opportunity Assessment |
9.1 Saudi Arabia Carpet looms Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Saudi Arabia Carpet looms Market Opportunity Assessment, By End-User, 2021 & 2028F |
10 Saudi Arabia Carpet looms Market - Competitive Landscape |
10.1 Saudi Arabia Carpet looms Market Revenue Share, By Companies, 2021 |
10.2 Saudi Arabia Carpet looms Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |