Saudi Arabia Home Furniture Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 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.
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Saudi Arabia Home Furniture Market Dynamics: 2024-2030
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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Saudi Arabia Home Furniture Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type of Furniture
-Bedroom Furniture- Market Size & Forecast 2019-2030F, USD Million
-Bed-- Market Size & Forecast 2019-2030F, USD Million
-Low End--- Market Size & Forecast 2019-2030F, USD Million
-Mid Segment--- Market Size & Forecast 2019-2030F, USD Million
-High End--- Market Size & Forecast 2019-2030F, USD Million
-Others (Side-table, Closets & Cabinets, etc.) -- Market Size & Forecast 2019-2030F, USD Million
-Living Room Furniture- Market Size & Forecast 2019-2030F, USD Million
-Seats-- Market Size & Forecast 2019-2030F, USD Million
-Sofas-- Market Size & Forecast 2019-2030F, USD Million
-Low End--- Market Size & Forecast 2019-2030F, USD Million
-Mid Segment--- Market Size & Forecast 2019-2030F, USD Million
-High End--- Market Size & Forecast 2019-2030F, USD Million
-Others (Dining table, Cabinets, TV & other storage units, etc.) -- Market Size & Forecast 2019-2030F, USD Million
By Sales Channel
-Offline- Market Size & Forecast 2019-2030F, USD Million
-Online- Market Size & Forecast 2019-2030F, USD Million
Here, Offline stores acquired a significant share in the Saudi Arabia Home Furniture market, historically,
By Material Type
-Wood- Market Size & Forecast 2019-2030F, USD Million
-Metal- Market Size & Forecast 2019-2030F, USD Million
-Glass- Market Size & Forecast 2019-2030F, USD Million
-Plastic- Market Size & Forecast 2019-2030F, USD Million
-Others (Rattan/Wicker, Upholstery, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Region
-Central
-East
-West
-South.
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Top Companies Operating in the Saudi Arabia Home Furniture Market:
-B&B Italia
-Natuzzi
-Kare Design
-Ashley Furniture Industries Inc
-ID Design
-Wayfair
-Saudi Modern Factory Company
-IKEA
-Oppein Home Group.
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