Report ID: SQMIC30K2050
Saudi Arabia Water Heater Market Size, Share, Growth Analysis, By Product(Storage and Instant), By Capacity(Small Water Heater, Medium Water Heater, and Large Water Heater), By End-user(Residential, Commercial, and Industrial), By Region - Industry Forecast 2024-2031
Report ID:
SQMIC30K2050 |
Region:
Country |
Published Date: April, 2024
Pages:
198
|
Tables:
88 |
Figures:
76
Saudi Arabia Water Heater Market Regional Insights
Central Saudi Arabia accounts for a prominent share of the Saudi Arabia water heater market owing to it being home to some of the most significant economic and administrative activities in the country. A substantial portion of the country’s population resides in this region with it being the home to the capital city of Riyadh. Well-developed infrastructure and the presence of a diverse consumer base allow this region to account for a sizeable share of water heater sales in Saudi Arabia.
Northern Saudi Arabia is projected to come up as the fastest-growing region over the coming years. This region is home to prominent cities such as Jeddah and Medina, which have witnessed significant economic development and infrastructure projects owing to the growing number of pilgrims. Medina’s religious significance and Jeddah’s significance as a major port city make them highly lucrative markets for water heaters in Saudi Arabia. Growing tourism activity in the country is also slated to benefit market growth in the future.
Saudi Arabia Water Heater Market Report Snapshots
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