A recent Ventures report prepared for INDEX Dubai 2018 highlights the interiors and fit-out market in the UAE as one of the Gulf’s fastest growing industries, with spend forecast to reach US$973.4mn by 2022. The same report also indicates that the interiors and fit-out sector in Saudi Arabia is also growing at an exponential pace.
The launch of INDEX Saudi in Riyadh – which will run from October 30 to November 1, 2018 at the Riyadh International Convention & Exhibition Centre – comes at a time of increased construction activity in Saudi Arabia, resulting in higher demand for interior design products and services.
The Saudi Vision 2030 initiative has seen a surge in construction projects across the Kingdom, particularly in urban development.
“Launching a dedicated interior design event in the capital and business hub of Saudi Arabia seems apt at this time of increased demand from design professionals, looking for local and international suppliers to aid the fit-out of more than $800bn worth of projects across the country,” commented Andy Stuart, vice president of the design and hospitality division at dmg events.
“Projects spanning the hospitality, commercial, residential and retail sectors are driving demand for interior and fit-out products in the Kingdom, which represents the Gulf’s largest construction market. Some of the world’s largest mega-projects are in the pipeline here, alongside a host of high-end developments. Such projects are looking to use products and services from the leading interiors companies from across the globe,” Stuart added further.