GCC Concealed Cistern Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
GCC Concealed Cistern Market Analysis
The concealed cistern market in the GCC is poised to grow at a CAGR of greater than 3.5% during the forecasted period. As the name suggests instead of being on display, the cistern element of the toilet is concealed, either behind a wall or within a furniture unit, with just the toilet pan visible. This helps contribute to a cleaner, more minimalist style bathroom that's both easy to maintain and stylish.
The COVID-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock causing a GDP contraction of 4.8% in 2020. The three countries with the largest deficits in 2020 were Kuwait, Bahrain, and Oman. Oil supply cutbacks and the four-year-low average oil price of USD 41.30 per barrel slashed the region's goods and services exports by 8.1% in real terms and turned the current account surplus of 6.8% of GDP in 2019 into a deficit of 2.9% of GDP in 2020 having a ripple effect on all the markets connected.
In 2022, on an average GCC countries have a GDP of 4% and with the real estate sector contributing almost 15% to GDP, more is expected by people to spend on modernizing toilets and bathrooms. In 2021-2022, Saudi Arabia observed around an 8% annual growth rate of residential and non-residential buildings signifying the market for a concealed cisterns in newly constructed buildings and houses.
GCC Concealed Cistern Market Trends
This section covers the major market trends shaping the GCC Concealed Cistern Market according to our research experts:
Growth in Real Estate and Construction Fueling Market for Concealed Cistern
In 2020, residential sales prices in the Gulf Cooperation Council observed a negative change resulting in a decline in the prices of household and commercial buildings. However, by 2022, demand for housing in the Gulf Cooperation Council is estimated to be 3.96, 0.98, 0.47, 0.4, 0.2, and 0.15 million for countries Saudi Arabia, UAE, Kuwait, Oman, Bahrain, and Qatar, respectively. This signifies a large requirement for investment as well as the construction of bathrooms and kitchens. An above-average increase in the real estate industry is observed for GCC countries during 2021-2022.
Construction Industry Driving Growth for Concealed Cistern Market
With COVID-19, tourism had collapsed, and demand for office space has also plummeted, while many retail sites lie empty due to shop closures and a huge reduction in the number of visitors. Gulf Construction Expo (formerly called golf bid expo) going to be held in 2023 will be 'Building for the Future' through the showcase for the Construction and Building Materials sector. This provides the construction sector as well as concealed cistern market an opportunity in the GCC with a professional platform for networking, investment, and the exchange of ideas and information.
Concealed cisterns with their advanced technology and luxury are providing comfort with minimum space, it is been adopted by a majority of sectors. The construction of commercial and residential buildings is a factor affecting the demand for concealed cisterns for bathrooms in commercial as well as residential spaces. Saudi Arabia and UAE are leading economies of the Gulf and with an impact on the construction industry in these countries, concealed cistern demand is affected proportionally.
GCC Concealed Cistern Industry Overview
The report covers major players operating in the concealed cistern market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements, innovation in the real estate market, product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase market share.
GCC Concealed Cistern Market Leaders
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Kohler
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Cera
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Roca
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Jaquar
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Fluidmaster
*Disclaimer: Major Players sorted in no particular order
GCC Concealed Cistern Market News
- In February 2022, Kohler collaborated with Daniel Arsham to produce a unique one-of-a-kind, 3-D sink with improved features that could attract more consumers in the future.
- In June 2021, Roca Group strengthened its global footprint by acquiring Sanit. With this deal, Roca Group, which operates in 170 countries and has 85 factories, will reinforce its presence in a category in which Sanit is the third-largest operator in Germany and the fifth-largest in Europe. Sanit offers an innovative cable-operated concealed cistern range with dual flush water-saving technology and its products are suited for both boutique and traditional bathrooms.
GCC Concealed Cistern 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 INSIGHTS AND DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Industry Value Chain/Supply Chain Analysis
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4.5 Porters Five Force Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Insights on Current Trends and Recent Developments in the Market
- 4.7 Insights on Technological Innovations in the Market
- 4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 With Frame
- 5.1.2 Half Frame
- 5.1.3 Without Frame
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5.2 By End-User
- 5.2.1 Residential
- 5.2.2 Commercial
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5.3 By Distribution Channel
- 5.3.1 Home Centers
- 5.3.2 Specialty Stores
- 5.3.3 Online
- 5.3.4 Other Distribution Channels
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5.4 By Country
- 5.4.1 UAE
- 5.4.2 Saudi Arabia
- 5.4.3 Kuwait
- 5.4.4 Bahrain
- 5.4.5 Qatar
- 5.4.6 Oman
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Cera
- 6.2.2 Lixil
- 6.2.3 Roca
- 6.2.4 Jaquar
- 6.2.5 Hindware
- 6.2.6 Kohler
- 6.2.7 Fluid master
- 6.2.8 Grohe
- 6.2.9 Duravit
- 6.2.10 TOTO
- 6.2.11 RAK Ceramics*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityGCC Concealed Cistern Industry Segmentation
In a system of construction where space for any appliance is tried to be minimized, concealed cistern plays an important role in maximizing toilet and bathroom spaces and making them more spacious and comfortable. These cisterns are mostly utilized in bathrooms, toilets, and other spaces where water is needed on a daily basis. This report aims to provide a detailed analysis of the GCC Concealed Cistern Market. It focuses on market dynamics, technological trends, and insights into various product types and application types. Also, it analyses the key players and the competitive landscape in the GCC concealed cistern market. Concealed Cistern Market in GCC is segmented by Product Type (With Frame, Half frame, Without Frame), by End-User (Residential, Commercial), by Distribution Channel (Home Centers, Specialty Stores, Online, and Other Distribution Channels), and by Country (UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman).The report offers market size and forecasts for Concealed Cistern Market in GCC in value (USD Million) for all the above segments.
| By Product Type | With Frame |
| Half Frame | |
| Without Frame | |
| By End-User | Residential |
| Commercial | |
| By Distribution Channel | Home Centers |
| Specialty Stores | |
| Online | |
| Other Distribution Channels | |
| By Country | UAE |
| Saudi Arabia | |
| Kuwait | |
| Bahrain | |
| Qatar | |
| Oman |
GCC Concealed Cistern Market Research FAQs
What is the current GCC Concealed Cistern Market size?
The GCC Concealed Cistern Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in GCC Concealed Cistern Market?
Kohler, Cera, Roca, Jaquar and Fluidmaster are the major companies operating in the GCC Concealed Cistern Market.
What years does this GCC Concealed Cistern Market cover?
The report covers the GCC Concealed Cistern Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the GCC Concealed Cistern Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Concealed Cistern in GCC Industry Report
Statistics for the 2024 Concealed Cistern in GCC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Concealed Cistern in GCC analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
