Egypt Floor Covering Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.27 Billion |
| Market Size (2029) | USD 2.94 Billion |
| CAGR (2024 - 2029) | 5.26 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Floor Covering Market Analysis
The Egypt Floor Covering Market size is estimated at USD 2.27 billion in 2024, and is expected to reach USD 2.94 billion by 2029, growing at a CAGR of 5.26% during the forecast period (2024-2029).
With the construction industry growing in Egypt, the market for floor coverings has also been growing.Cairo's urban development program, which entails creating 23 new cities, was the main driving force behind construction.Along with the strong construction industry, the floor-covering market is driven by the fact that more and more people want to make the inside of their homes look nicer and more expensive. But the manufacturing process is making more and more trash that can't be recycled. This has become a problem for the industry.The damage should be lessened as technology changes and more eco-friendly raw materials are used in manufacturing.
COVID-19 had an influence on the Egypt floor covering market, just like it did on any other market. Floor covering could not be installed due to the nationwide lockdown in many places in Egypt, and unfortunately, like any other market, we could not shift the floor covering market online. As a result, the floor-covering market suffered from this disadvantage.
The carpet and rug part of the market is becoming more important as the desire for nice interiors grows. The latest trends and fashions are inspiring manufacturers to spend more time creating designer carpets and ceramic tiles. Customizing floor coverings for different rooms in the same house by using a combination of carpets and tiles or wood flooring, etc., is also gaining in significance in recent times.
Egypt Floor Covering Market Trends
Ceramic Tiles Occupy A Major Share Of The Market
The domestic production of Ceramic tiles started to increase rapidly during 1990 and currently, Egypt is one of the largest manufacturers of ceramic tiles and ceramic sanitaryware ranking 10th in the global market. In the year 2022, Egypt's domestic market consumed 80% of the total ceramic tiles production and exports 20% to other countries. The total consumption of ceramic tiles in Egypt was approximately 238 million square meters in 2020. The main exporting countries of Egypt ceramic tiles are Italy and Spain, where its products are highly esteemed for their design and advanced technology.
Rising Demand For Carpets and Rugs In Egypt
With the growing demand for carpets for domestic use, the manufacturers in Egypt are showing great interest in increasing their production capacity to produce more aesthetically attractive carpets for residential purposes. They are even focusing on creating products that have a positive impact on people's health and well-being inside their homes. With the innovation implied in commercial carpet production, the manufacturers are trying to attract more customers by creating a more holistic approach to designing inspiring, multi-purpose spaces that support the health and well-being of the workplace by creating a shift towards a circular economy business model.
Carpets and rugs in Egypt observe a continuous growth in revenue over the period, reached a value of USD 81.06 million in 2022, with a 6.3% y-o-y growth in revenue.
Egypt Floor Covering Industry Overview
The report covers major players operating on the floor covering the market in Egypt along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation. Major players are focusing on different strategies to expand their footprint and mergers and acquisitions are helping them to enhance their product portfolio along with extending their geographical presence across the globe.
Egypt Floor Covering Market Leaders
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Moquette Centre
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Creative Interior Design Group
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Ceramica Cleopatra Group
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Gemma
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Fea Ceramics
*Disclaimer: Major Players sorted in no particular order
Egypt Floor Covering Market News
- March 2023: GAFI and Oriental Weavers group accepted over coordination for deepening the Carpet industry in Eqypt. GAFI stands for General Authority for Investments and Free zones helping firms and businesses to grow in the region.
- December 2022: The Khamis sisters sold their stakes in Oriental Weavers to their own FYK Ltd. Based in London. With this deal, Farida and Yasmine Mohamed Farid Khamis continued to own 24.6% of the capital of Oriental Weavers, but indirectly, and could transfer their money abroad safely.
Egypt Floor Covering Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights of Technology Innovations in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Carpet and Area Rugs
5.1.2 Resilent Flooring
5.1.3 Non-Resilent Flooring
5.2 By End-User
5.2.1 Residential
5.2.2 Commercial
5.2.3 Builder
5.3 By Distribution Channel
5.3.1 Home Centers
5.3.2 Flagship Stores
5.3.3 Specialty Stores
5.3.4 Online
5.3.5 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Moquette Centre
6.2.2 Creative Interior Design Group
6.2.3 Ceramica Cleopatra Group
6.2.4 Gemma
6.2.5 Fea Ceramics
6.2.6 Lecico
6.2.7 TILES
6.2.8 Landex
6.2.9 Kira Floorings
6.2.10 Interface*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Egypt Floor Covering Industry Segmentation
Floor covering is the top layer of flooring, the layer on which people walk, and is typically a quite decorative layer compared to the layer of flooring beneath. It includes carpets, laminate, tile, rugs, and vinyl.
The Egypt Floor Covering Market Is Segmented By Product (Carpet And Area Rugs, Resilient Flooring, And Non-Resilient Flooring), By End-User (Residential, Commercial, And Builders), And By Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online Stores, And Other Distribution Channels). The Report Offers Market Size And Forecasts For The Egypt Floor Covering Market In Terms Of Volume (Number Of Products) And Value (USD) For All The Above Segments.
| By Product | |
| Carpet and Area Rugs | |
| Resilent Flooring | |
| Non-Resilent Flooring |
| By End-User | |
| Residential | |
| Commercial | |
| Builder |
| By Distribution Channel | |
| Home Centers | |
| Flagship Stores | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
Egypt Floor Covering Market Research FAQs
How big is the Egypt Floor Covering Market?
The Egypt Floor Covering Market size is expected to reach USD 2.27 billion in 2024 and grow at a CAGR of 5.26% to reach USD 2.94 billion by 2029.
What is the current Egypt Floor Covering Market size?
In 2024, the Egypt Floor Covering Market size is expected to reach USD 2.27 billion.
Who are the key players in Egypt Floor Covering Market?
Moquette Centre, Creative Interior Design Group , Ceramica Cleopatra Group, Gemma and Fea Ceramics are the major companies operating in the Egypt Floor Covering Market.
What years does this Egypt Floor Covering Market cover, and what was the market size in 2023?
In 2023, the Egypt Floor Covering Market size was estimated at USD 2.16 billion. The report covers the Egypt Floor Covering Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Floor Covering Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Floor Covering Industry Report
Statistics for the 2024 Egypt Floor Covering market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Egypt Floor Covering analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
