Qatar Sanitary Ware Market to Grow at CAGR 9% Till 2021: TechSci Research Report
NEW YORK, December 8, 2016 /PRNewswire/ --
Growing construction sector, increasing infrastructure development, upcoming mega sports events coupled with favorable government initiatives to drive Qatar sanitary ware market
According to TechSci Research report "Qatar Sanitary Ware Market By Product Type, By Application, By Organized Vs. Unorganized, Competition Forecast and Opportunities, 2011 - 2021", the sanitary ware market in Qatar is forecast to grow at a CAGR of over 9% during 2016 - 2021. Growth in the market is anticipated on account of increasing hygiene consciousness, growing hospitality sector, rising disposable income, high urbanization rate and booming commercial sector. Moreover, introduction of technologically advanced sanitary ware, increasing construction in the wake of FIFA 2022 and the government's vision to develop the country by 2030 are expected to boost the demand for sanitary ware in Qatar through 2021.
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Browse 20 market data Tables and 27 Figures spread through 100 Pages and an in-depth TOC on
"Qatar Sanitary Ware Market"
On the basis of product type, Qatar sanitary ware market has been broadly segmented into five categories, namely, Water Closets & Cisterns, Basins, Urinals, Bathtubs & Others. Among these categories, Water Closets & Cisterns dominated the country's sanitary ware market in 2015, and the same trend is expected to continue over the next five years as well. Region-wise, eastern region dominated the country's sanitary ware market in 2015, followed by central and west regions. Few of the leading players operating in the country's sanitary ware market include RAK Ceramics, Toto Ltd., Kludi GmbH & Co. KG, Jaquar and HEWI, among others.
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"Qatar National Vision 2030 was officially launched in October 2008 with an objective to transform the nation into a developed country. Under this mission, the government has set various goals including expansion of the country's infrastructure. Consequently, the Government of Qatar has undertaken various projects related to new international airport, new cities, schools, hospitals and electric substations in the country. All these government projects are expected to significantly boost the demand for sanitary ware in the country over the next five years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Qatar Sanitary Ware Market By Product Type, By Application, By Organized Vs. Unorganized, Competition Forecast and Opportunities, 2011 - 2021" has evaluated the future growth potential of Qatar sanitary ware market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in Qatar sanitary ware market.
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