Saudi Arabia Smart Bathroom Market Size & Outlook, 2022-2030
The smart bathroom market in Saudi Arabia is expected to reach a projected revenue of US$ 149.7 million by 2030. A compound annual growth rate of 11.5% is expected of Saudi Arabia smart bathroom market from 2023 to 2030.
In terms of revenue, Saudi Arabia accounted for 0.8% of the smart bathroom market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia smart bathroom market is projected to lead the regional market in terms of revenue in 2030.
Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 149.7 million by 2030.
The commercial segment was the largest application segment in the Saudi Arabia smart bathroom market in 2022. Continuous expansion in the commercial sector—thanks to rising market valuations and supportive government policies—is expected to result in the construction of several hotels, public entertainment areas, and restaurants, which, in turn, would generate a high demand for smart bathrooms in the upcoming years.
The country witnesses a massive tourist inflow, especially in Riyadh, Jeddah, Mecca, and Dammam, due to improving service standards, rising tourism incentives, and increasing developments of new attractions in the region.
According to STR, Inc., a division of CoStar Group that provides insights and analysis for hotels, there were roughly 42,033 hotel rooms under construction in Saudi Arabia as of March 2023, which accounted for 35.1% of the total hotels being constructed in the Middle East and Africa. The country’s thriving hotel industry offers numerous growth opportunities for players in the smart bathroom market.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Bathroom Market Outlook will help companies and investors design strategic landscapes.
Smart Toilet was the largest segment with a revenue share of 38.34% in 2022.
Horizon Databook has segmented the Saudi Arabia smart bathroom market based on smart toilet, smart soap dispenser, smart faucets, smart showers, smart bathroom mirrors, smart bathtubs covering the revenue growth of each sub-segment from 2018 to 2030.
The commercial segment was the largest application segment in the Saudi Arabia smart bathroom market in 2022. Continuous expansion in the commercial sector—thanks to rising market valuations and supportive government policies—is expected to result in the construction of several hotels, public entertainment areas, and restaurants, which, in turn, would generate a high demand for smart bathrooms in the upcoming years.
The country witnesses a massive tourist inflow, especially in Riyadh, Jeddah, Mecca, and Dammam, due to improving service standards, rising tourism incentives, and increasing developments of new attractions in the region.
According to STR, Inc., a division of CoStar Group that provides insights and analysis for hotels, there were roughly 42,033 hotel rooms under construction in Saudi Arabia as of March 2023, which accounted for 35.1% of the total hotels being constructed in the Middle East and Africa. The country’s thriving hotel industry offers numerous growth opportunities for players in the smart bathroom market.
Saudi Arabia Smart Bathroom Market Product Outlook (Revenue, USD Million , 2018-2030)
Smart Toilet
Smart Soap Dispenser
Smart Faucets
Smart Showers
Smart Bathroom Mirrors
Smart Bathtubs
Others
Saudi Arabia Smart Bathroom Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia smart bathrooms market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smart bathrooms market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Smart Bathroom Market, 2018-2030 (US$M)