Saudi Arabia Air Duct Market 2021-2027: Significant Investments Towards Developing the Country's Non-Oil Sectors Over the Coming Years
b'DUBLIN, April 13, 2021 /PRNewswire/ -- The "Saudi Arabia Air Duct Market (2021-2027): Market Forecast by Material Types, by Shape Types, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com\'s offering.\nSaudi Arabia Air Duct Market size is projected to grow at a CAGR of 9.4% during 2021-27.\nSaudi Arabia air duct market is expected to be driven by significant investments towards developing the country\'s non-oil sectors over the coming years, which is anticipated to propel the development of retail, transportation, entertainment & leisure and hospitality sectors.
- b'DUBLIN, April 13, 2021 /PRNewswire/ -- The "Saudi Arabia Air Duct Market (2021-2027): Market Forecast by Material Types, by Shape Types, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com\'s offering.\nSaudi Arabia Air Duct Market size is projected to grow at a CAGR of 9.4% during 2021-27.\nSaudi Arabia air duct market is expected to be driven by significant investments towards developing the country\'s non-oil sectors over the coming years, which is anticipated to propel the development of retail, transportation, entertainment & leisure and hospitality sectors.
- Furthermore, investments to augment the residential sector would drive the demand for air ducts in the country.\nGrowing medical and religious tourism in Saudi Arabia would significantly propel the demand for air ducts in the hospitality sector.
- Residential, commercial and retail applications garnered maximum revenue share from air duct sales due to the rapid growth of large-scale projects.\nOver the coming years, applications such as hospitality and retail sectors are projected to grow at a relatively faster pace during the forecast period on the back of policies and investments by the government to bolster the tourism and hospitality sectors.
- The central region currently holds the major share in the overall air duct market of Saudi Arabia on account of infrastructural developments and the relatively high disposable income of people in Riyadh.\n'