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Yahoo
7 hours ago
- Business
- Yahoo
Saudi Arabia Landscaping Market Grows to $2.50B as Giga Projects Expand
The KSA landscaping market sees a rise to USD 2.50 billion, supported by major developments like NEOM and the Red Sea Project. Urbanization in Riyadh and Makkah, coupled with initiatives like the Riyadh Green Initiative, fuel demand. Challenges include water scarcity and skills gap, met with opportunities in climate-responsive landscaping and smart irrigation solutions. Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Landscaping Market Outlook to 2029" has been added to offering. The Kingdom of Saudi Arabia (KSA) Landscaping Market is experiencing remarkable growth, valued at USD 2.50 billion, reflecting increased investments in public infrastructure and private residential projects. The sector's growth is fuelled by large-scale projects like the Red Sea Project, NEOM, and King Abdullah Financial District. The expanding pipeline of giga projects and mixed-use developments continues to propel the demand for landscaping across the kingdom. In particular, the Riyadh Province and cities like Makkah and Jeddah are at the forefront of this expansion. High urbanization rates, substantial hotel developments, and commercial growth in these areas have significantly boosted the demand for green spaces and water-efficient outdoor amenities. Makkah alone contributes 85,000 hotel room keys under development. Initiatives such as the Riyadh Green Initiative aim to plant 7.5 million trees, enhancing the region's landscaping projects and drawing attention from public and private sector contracts. Landscaping companies in Saudi Arabia navigate regulatory frameworks established by the Ministry of Municipal, Rural Affairs, and Housing and adhere to guidelines from the Saudi Contractors Authority. New policies, including the 2.5% white land tax, incentivize urban development, while further initiatives support the Vision 2030 goals of increasing green space per capita, emphasizing environmental sustainability. Contractual regulations mandate performance bonds, insurance guarantees, and restrictions on subcontracting. KSA Landscaping Market Segmentation By Product Type: The market covers categories such as Hardscaping, Softscaping, Lighting and Water Features, and Green Infrastructure. Hardscaping is prominent due to infrastructure projects like NEOM and Diriyah Gate, focusing on pathways, plazas, and long-lasting surfaces. By Service Type: It includes Design & Planning, Installation & Construction, and Maintenance & Irrigation Management. The arid climate necessitates robust maintenance and irrigation services, especially notable with large-scale hotel developments underway. KSA Landscaping Market Competitive Landscape The market is moderately fragmented, with a blend of local contractors and established engineering firms. Companies with expertise in smart irrigation, drought-tolerant designs, and involvement in giga-projects are gaining a competitive edge, as sustainability becomes a primary bid criterion. KSA Landscaping Market Analysis Growth Drivers Main drivers include the Vision 2030 Urban Greening Mandate and tourism-related aesthetic enhancements. Giant developments like NEOM require intricate landscaping in resorts and urban plazas, while the real estate expansion prioritizes greenery and eco-friendly solutions. Market Challenges Key challenges involve water scarcity and a shortage of skilled landscaping professionals. Successful projects depend on efficient irrigation and drought-resistant techniques, challenging the sector amidst labor constraints and a lack of specialized training programs. KSA Landscaping Market Future Outlook Projected to grow steadily over the next five years, the market will be driven by urban expansion, tourism beautification, and green infrastructure development. Companies focusing on native plant systems and integrated smart technology are poised to secure significant long-term contracts. Market Opportunities Climate-responsive landscaping, leveraging native plant solutions, and smart irrigation technologies present new opportunities. End-to-end solutions from green tech firms are becoming increasingly popular, especially for municipal and high-end real estate projects. Company Coverage: Nesma & Partners Rashid Trading & Contracting Company SALCO (Saudi Landscape Company) Zaid Alhussain Group Safari Group Key Topics Covered: 1. Executive Summary1.1. Market Overview of KSA Landscaping Market1.2. Ecosystem of Players in the Market2. KSA Landscaping Market Overview2.1. Growth in Commercial, Residential, and Public Projects2.2. Vision 2030 and Giga Project Landscaping Demand2.3. Tourism-Driven Outdoor Aesthetic Development2.4. Urban Greening and Government Spending Initiatives2.5. Smart Irrigation and Sustainability Trends3. KSA Landscaping Market Sizing3.1. Market Value 2024 and Forecast to 20303.2. CAGR Analysis by Revenue Type (Products & Services)3.3. Regional Demand Breakdown - Riyadh, Makkah, Tabuk3.4. Application-Wise Landscape Demand (Public, Commercial, Residential)4. KSA Landscaping Market Segmentations4.1. By Revenue Type4.2. By Product Type4.3. By Service Type4.4. By Application4.5. By Region5. Competitive Landscape5.1. Competitive Overview5.2. Cross-Comparison of Key Players6. Market Growth Drivers6.1. Vision 2030 Urban Greening Mandates6.2. Tourism and Giga Project Development6.3. Real Estate and Mixed-Use Landscaping Demand7. Market Challenges7.1. Water Scarcity and Irrigation Dependency7.2. Workforce Skill Gap in Design and Execution8. Future Outlook8.1. Market Evolution to 20308.2. Role of Sustainability and Green Technologies9. Market Opportunities9.1. Demand for Native and Xeriscape Landscaping9.2. Integration of Smart Irrigation Systems10. Scope of the Report10.1 By Revenue Type10.2 By Product Type10.3 By Service Type10.4 By Application10.5 By Region For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Argaam
29-01-2025
- Business
- Argaam
View signs MoU with Housing Ministry
View United Real Estate Development Co. signed on Jan. 28, a memorandum of understanding (MoU) with the Ministry of Municipal, Rural Affairs and Housing, represented by the Agency for Housing Supply Stimulus and Real Estate Development. In a statement to Tadawul, View pointed out that the MoU aims to enhance cooperation and improve the efficiency of the real estate development sector, aligning with the strategic objectives of Saudi Vision 2030.
Leaders
28-01-2025
- Business
- Leaders
Asir Region Unveils Tourism Vision at Real Estate Future Forum 2025
The 4th Real Estate Future Forum (RFF) 2025 kicked off In Riyadh on Monday, spotlighting Saudi Arabia's $1 trillion real estate pipeline and Vision 2030 megaprojects. With 500+ speakers from 120 nations, the event highlighted sustainability, tech innovation, and global partnerships. Advancing Tourism Investment in Asir Nawaf bin Hussein Al Zulfah, head of Investment Attraction at the Asir Region Development Authority, emphasized their participation in the 2025 Real Estate Future Forum. He stated, 'Our participation in the 2025 Real Estate Future Forum aims to drive tourism investments in Asir, coinciding with Abha's designation as a host city for the FIFA World Cup 2026 finals—by the grace of God.' He added, 'We have presented major investment projects to potential investors at this forum, which has already yielded positive outcomes, including the signing of multiple strategic agreements.' Real Estate Future Forum Incentives and Opportunities for Investors When asked about incentives Asir offers investors during this event, Al Zulfah highlighted, 'To clarify, our work operates within the regulatory frameworks of the Government Agency Support Center and the Ministry of Municipal, Rural Affairs and Housing, with the Municipality partnering in this exhibition.' He continued, 'We engage directly with investors to negotiate flexible arrangements, whether through equity partnerships, leasing models, or other collaborative agreements tailored to their needs.' Key Investment Sectors in Focus Discussing key investment sectors Asir is highlighting at this forum, Al Zulfah explained, 'We are prioritizing tourism-driven sectors, including hospitality, adventure tourism, cultural tourism, sports, healthcare, education, and other fields aligned with enhancing quality of life and advancing the region's economic and developmental goals.' The fourth edition of the Real Estate Future Forum is scheduled from January 27 to 29, 2025, at the Four Seasons Hotel in Riyadh. Organized under the theme 'Future for Humanity: Shaping Dreams into Reality,' the event gathers representatives from over 120 countries and more than 500 speakers from government and private sectors. Global real estate professionals can use the interactive platform provided by the forum to exchange insights, showcase success stories, and explore innovative practices and cutting-edge technologies they can leverage to foster sustainable growth in the sector.. Short link : Post Views: 96
