Navigating the Future: 2023-2028 GCC PVC Pipes Market Insights
MarkNtel Advisors latest report titled Report by GCC PVC Pipes Market Report –Analysis, Scope, Trends, Forecast 2023-2028 indicates that the is projected to grow at a CAGR of around 4.57% during the forecast period, i.e., 2023-28. GCC PVC Pipes Market Driver: Significant Driver: Growing Construction within the Hospitality Sector to Generate the Demand The countries like the UAE, Saudi Arabia, and Oman have emerged as global tourist spots for business tours, leisure tourism, and family functions, as a result of which the country is actively promoting the construction & refurbishing of hotels, lounges, malls, etc. The development of these buildings requires the fittings of PVC pipes to maintain the water supply, the functioning of the HVAC system, and district cooling, thereby generating the demand for these pipes in the country. In recent years GCC has witnessed global events such as Dubai Expo 2020 & FIFA World Cup, owing to which, the region has experienced a ma...