Concealed Cistern Market in Saudi Arabia Market Size (2024 - 2029)

The concealed cistern market in Saudi Arabia is experiencing growth, driven by an increasing population and the subsequent demand for more residential bathrooms and toilets. Despite a temporary decline due to the COVID-19 pandemic, which disrupted the real estate sector and reduced demand, the market is rebounding as the economy stabilizes and construction activities resume. The gradual recovery and growth in the country's GDP are creating a favorable environment for the expansion of the concealed cistern market.

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Market Size of Concealed Cistern Industry in Saudi Arabia

cistern
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 4.00 %
Market Concentration Medium

Major Players

Concealed Cistern Market in Saudi Arabia Major Players

*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Concealed Cistern Market Analysis

The Concealed Cistern Market is poised at a CAGR of 4% during the forecast period.

A concealed cistern is simply a toilet cistern (tank) that is hidden in some way. It is usually hidden inside or behind a wall, in the ceiling, or inside cabinetry. A cistern concealed inside a wall is called an in-wall cistern while one hidden behind the wall is called an in-duct system. With a population of 34.27 mn in 2019 and 35.3 mn in 2021, a continuous increase in population is observed requiring the need for the construction of stays with an increase in the number of bathrooms and toilets creating opportunity for Concealed cisterns.

With the advent of COVID-19, a slack in Saudi Arabia's real estate sector was observed as the pandemic hampered property transactions - and the kingdom's wider economy - to a standstill. The kingdom aims to raise home ownership to 60 per cent among nationals and increase total outstanding mortgages to SAR 502 billion (USD 133.9 billion) by the end of 2020. Volume and value of residential real estate transaction volumes declined substantially in March 2020 as the lockdowns came into force. This created a negative signal for concealed cistern market as demand was declining.

As the economy slowly opened after the relaxation of covid-related lockdown, the demand normalized, the GDP of Saudi Arabia observed a continuous increase with GDP in US billion dollars (703.37, 833.54, 1040.17) during 2020, 2021 and 2022 respectively and is expected to reach USD 1,107.71 billiion in 2027 creating a positive environment for construction and concealed cistern market.

Saudi Arabia Concealed Cistern Industry Segmentation

This report aims to provide a detailed analysis of Concealed Cistern Market in Saudi Arabia. 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 for the Concealed Cistern Market in Saudi Arabia. The Concealed Cistern Market in Saudi Arabia is segmented by Product Type (With Frame, Half Frame, Without Frame), by End-User (Residential, Commercial), and by Distribution Channel (Home Centers, Specialty Stores, Online, and Other Distribution Channels). The report offers market size and forecasts for the concealed cistern market in Saudi Arabia 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
Others
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Concealed Cistern Market in Saudi Arabia Size Summary

The concealed cistern market in Saudi Arabia is experiencing a steady growth trajectory, driven by the increasing demand for modern and space-efficient bathroom solutions. As the population continues to rise, there is a growing need for residential and commercial construction, which in turn fuels the demand for concealed cisterns. These systems, which are designed to be hidden within walls or cabinetry, offer a sleek and contemporary look, making them a popular choice in modern housing developments. The market is also benefiting from government initiatives aimed at boosting the housing sector, such as the National Transformation Plan and Saudi Vision 2030, which focus on increasing home ownership and encouraging private sector investment in real estate projects.

The economic recovery post-COVID-19 has further bolstered the market, with the construction sector witnessing significant growth. This has created a favorable environment for concealed cistern manufacturers, as more people opt for modern homes equipped with advanced bathroom technologies. The market is highly competitive, with major players like TOTO, Lixil, Roca, and Fluidmaster investing in research and development to enhance their product offerings and expand their market share. Strategic acquisitions, such as Roca's acquisition of Sanit and Fluidmaster's acquisition of WISA BV, highlight the ongoing efforts to innovate and capture a larger segment of the market. As Saudi Arabia continues to diversify its economy and attract foreign investment, the demand for concealed cisterns is expected to rise, supported by the country's increasing GDP and evolving consumer preferences.

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Concealed Cistern Market in Saudi Arabia Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Porters Five Force Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Insights on Current Trends and Recent Developments in the Market

    7. 1.7 Insights on Technological Innovations in the Market

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 With Frame

      2. 2.1.2 Half Frame

      3. 2.1.3 Without Frame

    2. 2.2 By End-User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 By Distribution Channel

      1. 2.3.1 Home Centers

      2. 2.3.2 Specialty Stores

      3. 2.3.3 Online

      4. 2.3.4 Others

Concealed Cistern Market in Saudi Arabia Market Size FAQs

The Saudi Arabia Concealed Cistern Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

TOTO, Kohler, Roca, Lixil and Fluidmaster are the major companies operating in the Saudi Arabia Concealed Cistern Market.

Concealed Cistern Market in Saudi Arabia Report Snapshots

Concealed Cistern Market in Saudi Arabia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)