Market Insights and Analysis: Saudi Arabia Home Furniture Market Overview and Projections (2024-2030)
The Saudi Arabia Home Furniture market is projected to grow at a CAGR of around 7.4% during the forecast period, i.e., 2024-30.
Top leading companies in the Saudi Arabia Home Furniture Market includes:
B&B Italia, Natuzzi, Kare Design, Ashley Furniture Industries Inc., ID Design, Wayfair, Saudi Modern Factory Company, IKEA, Oppein Home Group, Williams-Sonoma, Others
Saudi Arabia Home Furniture Market Key Trend: Rising Adoption of Multifunctional Furniture
An emerging trend of adopting multifunctional furniture in homes has been observed in the country, owing to the aesthetic enhancements of bedrooms & living rooms. Furthermore, there are numerous advantages of using multifunctional furniture, such as beds that can be converted into cupboards, wardrobes, etc., when not in use, and sofas that can be molded into bunk beds, etc. Thus, such innovative features in home furniture have attracted customers to purchase multifunctional furniture for their homes.
In addition, the exceptional demand for such furniture in Saudi Arabia has led to offline & online stores keeping them in stock to fulfill consumer needs. Moreover, some prominent online & offline stores that offer multifunctional furniture in Saudi Arabia are Bakri Furniture, UBUY, Home Centre, etc. Hence, the diversified usefulness of multifunctional furniture would attract more customers to purchase them for their homes in the coming years.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type of Furniture
-Bedroom Furniture
–Bed
—Low End
—Mid Segment
—High End
–Others (Sidetable, Closets & Cabinets, etc.)
-Living Room Furniture
–Seats
–Sofas
—Low End
—Mid Segment
—High End
–Others (Dining table, Cabinets, TV & other storage units, etc.)
- Bedroom Furniture sales increased significantly in the Saudi Arabian Home Furniture market due to the growing number of residential buildings.
By Sales Channel
-Offline
-Online
By Material Type
-Wood
-Metal
-Glass
-Plastic
-Others (Rattan/Wicker, Upholstery, etc.)
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Saudi Arabia Home Furniture Market Geographic Reach:
The Geographic Reach of the Saudi Arabia Home Furniture Market evaluates the spread and significance of Saudi Arabia Home Furniture market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- Central
- East
- West
- South
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