Saudi Arabia Sanitary Ware Market to Cross $ 290 Million by 2023
Rising number of households, increasing construction activities in hospitality and commercial sectors, and growing discretionary income to drive Saudi Arabia sanitary ware market through 2023 According to a TechSci Research report, “ Saudi Arabia Sanitary Ware Market By Product Type, By End Use Sector, By Distribution Channel, Forecast and Opportunities, 2013 – 2023 ”, the sanitary ware market in Saudi Arabia is projected to cross $ 290 million by 2023. Anticipated growth in the market can be attributed to increasing number of households, rising construction activities in the hospitality and commercial sectors, and the increasing discretionary income, which is making a growing number of people to opt for premium sanitary ware products. During 2013 - 2017, the country’s sanitary ware market witnessed a slight decline, majorly due to declining oil prices, which had a significantly negative impact on the economy. However, the market growth is expected to recover during the foreca