Saudi Arabia Catering Services Market Ananlysis & Industry Statistics (2017-2023)
Market Forecast By Type (Contractual Services and Non-Contractual Services), By End User (Industrial, Hospitality, Educational, Healthcare, In-Flight and Others including Military, Events and Worker camps), By Regions (Central, Eastern, Western and Southern) and Competitive Landscape
According to 6Wresearch, Saudi Arabia catering services market size is projected to reach $6.9 billion by 2023. Catering services market is anticipated to register moderate growth during 2017-23, on account of slowdown in economy due to decline in crude oil prices. Expats working at construction and oil & gas sites are the major revenue generators for catering companies and with the introduction of taxes for expatriates, the catering services market is expected to register a setback over the coming years. However, with growing commercialization and government efforts to increase the inflow of Saudi nationals in workforce and diversification of non-oil sectors, catering services market would witness growth post 2018.
Industrial sector including construction, manufacturing, petrochemical as well as oil & gas industry occupied majority Saudi Arabia catering services market share in 2017. Healthcare, educational and airline catering service markets are projected to witness sound growth during the forecast period.
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Key Highlights of the Report:
Catering Services Market
Catering Industry Statistics 2017
Catering Market Analysis
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