The Saudi Arabian green buildings market is set to grow significantly, with revenues expected to reach USD 16.4 billion in 2024 and USD 33.0 billion by 2030, according to P&S Intelligence. This growth, at a compound annual rate of 12.3%, is driven by population growth and environmental sustainability efforts. Key to this shift is the Saudi Green Building Code (SgBC 1001), which mandates eco-friendly construction, and the MOSTADAM certification, which focuses on sustainability.
The roofing sector is projected to lead in green building materials, while sustainable wood is expected to grow the fastest, with a 12.7% CAGR from 2024 to 2030, due to its recyclability and strength. Al-Riyadh province is anticipated to dominate the market, holding 40% in 2024, and is set to grow rapidly with a 12.6% CAGR, highlighting its focus on sustainable urban development.
Technological innovations such as hempcrete and bio-graphene oxide in green concrete are enhancing building sustainability. The use of recycled materials like metals and plastics is also rising to reduce carbon emissions. The market offers opportunities for innovation and collaboration, with a focus on advanced materials and technologies that meet Saudi Arabia’s sustainability goals. Stakeholders are engaging in strategic partnerships and innovations to meet the demand for green building materials.
