Saudi Arabia Furniture Market Analysis and Forecast: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Furniture Market Is Positioned In Saudi Arabia? The furniture industry in the KSA is operating at a maturity stage, although the industry was adversely hit due to a recession in the real estate sector and the decline in oil prices in the recent past. The spending power of people of Saudi Arabia has been changing over the past few years where they have been spending a higher proportion of their disposable income on furniture year on year. The market revenue was observed to increase at a positive double-digit CAGR during the review period of 5 years from 2013 to 2018. Also, the demand for luxury furniture has increased in the Kingdom of Saudi Arabia as it is perceived as an indication of wealth and social status. The preference for multi-utilitarian furniture has also been increasing due to the benefits of less space requirement and multi-usage purposes offered by multi-utilitarian furniture. The furniture sector in KSA was positively influenced by the continuous development of new housing units coupled with a rise in the young and growing population base of the country. Lastly, furniture has recently made their way through online retailing. However, in recent years, many retailers such as Home center and IKEA launched online stores. This increase in market revenue is credited to the growth of furniture manufactures and retail outlets. Additionally, urbanization and development of the KSA economy generated a demand for furniture from residential areas, hotels, office and industrial sectors during this period. Along with the entry of a number of real estate developers and increasing demand for residential properties, the housing industry in KSA has witnessed tremendous growth in the past. This has infused growth in the furniture market. The booming economy, government support and young population base, have created a strong platform for the furniture industry to grow to new horizons. As of 2018, there is approximate ~ furniture manufacturing factories in Saudi Arabia. Saudi Arabia Furniture Market Segmentation By Market Structure (Organized and Unorganized Segment): The organized sector dominated the market revenues as retailers operating under this segment deal in high quality and designer products manufactured from MDF or solid wood during the year 2018. The unorganized segment, on the other hand, captured the remaining market share in terms of market revenue during the year 2018. The unorganized players rely majorly on the price of the material whereby they tend to compromise with the quality of the product. Also, unorganized players procure raw material and labor locally. However, organized players often get furniture and furnishings imported. By Material (Wood, Glass, Metal, Plastic and Others): Wood has been observed as the most used material for furniture in Saudi Arabia along with a dominant market share to the overall market revenue in the year 2018. The heightened preference of people for wood is due to properties of wood i.e. wood is sturdy, longer durability, and represents the class. The only reason why few people do not prefer wood is due to the fact that wood is expensive as compared to all other materials. The remaining market share was collectively captured by glass, metal, plastic and other segments during the year 2018. By End Users (Residential, Hospitality, and Commercial): The revenues accrued from the sale of residential furniture dominated the Saudi Arabia furniture market revenues in 2018. Also, bedroom furniture amongst residential furniture generated the maximum revenue during 2018. The Government of KSA has been vigorously promoting ownership of residential properties in the country; therefore a greater demand for furniture is being derived from the residential furniture. The remaining market share was collectively captured by the hospitality and commercial segment in the year 2018. Key Segments Covered:- Market Structure Organized Segment Unorganized Segment Material Used Wood Glass Metal Plastic Others (Bamboo and MDP) End Users Residential Purpose Bedroom Furniture Beds Beds without Storage Beds with Storage Size of Beds Single Size Bed Double Size Bed Queen Size Bed Material Used in Beds Wood Steel Mattresses Chests of Drawers Wardrobe Living Room Furniture Sofa Material Used in Sofa Fabric Leather Sofa Seating Furniture 3+2 Seating 3+2+1+1 Seating Other Seating Pattern Coffee Table and Centre Table Material Used in Coffee Table and Centre Table Wood Steel and Glass Sofa cum Bed Others (TV Cabinets and Stools) Dining Table Furniture Material Used in Dining Table Wood Others (Steel and Glass) Seating Arrangement of Dining Table < 6 Chairs 6-8 Chairs 8 Chairs Type of Kitchen Furniture Modular Regular Outdoor Furniture Style of Residential Indoor Furniture Modern and Contemporary Traditional or Classic Hospitality Furniture Commercial Type of Office Furniture Workstation Desk Office Chair Conference Table Corner Table Office Storage Key Target Audience Furniture Retailers Furnishings Retailers Private Equity Companies Contract Furniture Manufacturers Furniture Association Government Associations Real Estate Developers Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2019-2023 Companies Covered IKEA Home Centre Almutlaq Furniture Al-Rugaib Furniture Al Jedaie Office Furniture El Ajou Group Key Topics Covered in the Report:- Furniture industry in the KSA Saudi Arabia furniture market revenues in 2018 Furniture sector in KSA Saudi Arabia Residential Furniture Market KSA Furniture Market Analysis Saudi Arabia Furniture Market Size Saudi Arabia Furniture Manufacturers Furniture for Sale in Saudi Arabia Saudi Arabia Furniture Market Revenue Saudi Arabia Furniture Retailers Market Saudi Arabia Outdoor Furniture Market Saudi Arabia Office Furniture Market Office Furniture Market in Riyadh Saudi Arabia Furniture Market Saudi Arabia Furniture Industry For More Information Click On the Below Mentioned Link:- Saudi Arabia Residential, Hospitality and Commercial Furniture Market Outlook Related Reports by Ken Research:- UAE Home Furniture and Furnishing Market Outlook to 2022 – By Living Room Furniture (Sofa, Sofa Cum bed, Other Sitting Furniture, Coffee Tables, Others), Bedroom Furniture (Bed, Mattresses, Wardrobes, Chest of Drawers), Dining Room, Home Office, Kitchen Furniture and Furnishing (Home Textile, Window Covering, Barbeques, Lightning Products) Australia Furniture Market Outlook to 2022 – By Residential (Bedroom, Living Room, Kitchen, Home Office Furniture, Dining Room, Storage Furniture and Other Residential Furniture), Hospitality and Commercial Furniture, by Home Furnishing (Indoor, Outdoor and Lighting) Philippines Furniture Market by Type (Home – Bed Room, Living Room, Dining Room, Kitchen Furniture; Office; Hotel & Industrial), by Sales (Domestic and Export) – Outlook to 2021 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Almutlaq Furniture Market Analysis, Ashley Homestore Market Share Saudi Arabia, Commercial Furniture Sales Saudi Arabia, Contract Furniture Manufacturers Saudi Arabia, Dining Set Sales KSA, El Ajou Group Furniture Market Share KSA, Flat-pack Furniture Sales Saudi Arabia, Furniture For Sale in Saudi Arabia, Furniture Industry in Saudi Arabia, furniture industry in the KSA, Furniture Industry Saudi Arabia, Furniture Market in Saudi Arabia, Furniture Market Saudi Arabia, furniture sector in KSA, Glass Furniture Market Saudi Arabia, Home Center Revenue Saudi Arabia, Hospitality Furniture Revenue Saudi Arabia, IKEA Market Revenue Saudi Arabia, Imported Furniture Sales Saudi Arabia, KSA Al-Jedaie Furniture Market Share, KSA Chests of Drawers and Wardrobe Market, KSA Coffee Table and Centre Table Market, KSA Furniture Market Analysis, KSA Kids Furniture Market Size, KSA Metal and Plastic Furniture Market, KSA Residential Indoor Furniture Market, KSA Sofa cum Bed Furniture Market Analysis, KSA Workstation Desks Sale Size, Luxury Furniture Sales KSA, Multi-Utility Furniture Sales Saudi Arabia, Number of Furniture Retailers Saudi Arabia, Number of Furniture Stores KSA, Office Furniture Market in Riyadh, Online Furniture Retailing KSA, Online Furniture Sales Saudi Arabia, Pepperfry Furniture Market in Saudi Arabia, Saudi Arabia Bed Furniture Market, Saudi Arabia Bedroom Furniture Market, Saudi Arabia Beds and Mattresses Market, Saudi Arabia Beds Furniture Market Growth Rate, Saudi Arabia Commercial Furniture Market, Saudi Arabia Dining Furniture Market, Saudi Arabia Furniture Export Revenue, Saudi Arabia Furniture Import Volume, Saudi Arabia Furniture Industry, Saudi Arabia Furniture Industry Research Report, Saudi Arabia Furniture Manufacturers, Saudi Arabia Furniture Market, Saudi Arabia Furniture Market End Users, Saudi Arabia Furniture Market Forecast, Saudi Arabia Furniture Market Future Outlook, Saudi Arabia Furniture Market Major Players, Saudi Arabia Furniture Market Research Report, Saudi Arabia Furniture Market Revenue, Saudi Arabia furniture market revenues in 2018, Saudi Arabia Furniture Market Segmentation, Saudi Arabia Furniture Market Size, Saudi Arabia Furniture Organized Market, Saudi Arabia Furniture Retailers Market, Saudi Arabia Furniture Unorganized Market, Saudi Arabia Hospitality Furniture Market, Saudi Arabia Kitchen Furniture Market, Saudi Arabia Living Room Furniture Market, Saudi Arabia Office Furniture Market, Saudi Arabia Outdoor Furniture Market, Saudi Arabia Residential Furniture Market, Saudi Arabia Wardrobes Furniture Market, Self-Assembling Furniture Sales Saudi Arabia, Sofa Cum Bed Sales Saudi Arabia, Urban Ladder SWOT Analysis KSA, Wooden Furniture Market Saudi Arabia