MarkNtel Advisors has thoughtfully curated the Saudi Arabia Home Furniture Market Research Report, taking into account our client's distinct needs. Our research offers a thorough examination of the present regional and global market conditions. This report on industry analysis extensively encompasses market dynamics, limitations, and their potential consequences on future market requirements, presenting a comprehensive overview of the sector.
What is the projected growth rate of the Saudi Arabia Home Furniture Market during the forecast period?
The Saudi Arabia Home Furniture market is projected to grow at a CAGR of around 7.4% during the forecast period, i.e., 2023-2028.
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Saudi Arabia Home Furniture Market Driver:
Expansion in the Residential Sector to Impel the Furniture Demand - The increasing real estate development projects as well as the growing demand for residential property in Saudi Arabia has infused the growth of home furniture in the country. Moreover, the government of Saudi Arabia has taken several initiatives, such as the Housing Program Vision 2030, the Sakani Program, and the Ministry of Housing Infrastructure Program, which has heightened the establishment of new residential units in the country.
The report has segmented the market into the following categories:
By Type of Furniture
-Bedroom Furniture- Market Size Forecast 2018-2028F, USD Million
--Bed-- Market Size Forecast 2018-2028F, USD Million
---Low End--- Market Size Forecast 2018-2028F, USD Million
---Mid Segment--- Market Size Forecast 2018-2028F, USD Million
---High End--- Market Size Forecast 2018-2028F, USD Million
--Others (Side-table, Closets Cabinets, etc.) -- Market Size Forecast 2018-2028F, USD Million
-Living Room Furniture- Market Size Forecast 2018-2028F, USD Million
--Seats-- Market Size Forecast 2018-2028F, USD Million
--Sofas-- Market Size Forecast 2018-2028F, USD Million
---Low End--- Market Size Forecast 2018-2028F, USD Million
---Mid Segment--- Market Size Forecast 2018-2028F, USD Million
---High End--- Market Size Forecast 2018-2028F, USD Million
--Others (Dining table, Cabinets, TV other storage units, etc.) -- Market Size Forecast 2018-2028F, USD Million
By Sales Channel
-Offline- Market Size Forecast 2018-2028F, USD Million
-Online- Market Size Forecast 2018-2028F, USD Million
By Material Type
-Wood- Market Size Forecast 2018-2028F, USD Million
-Metal- Market Size Forecast 2018-2028F, USD Million
-Glass- Market Size Forecast 2018-2028F, USD Million
-Plastic- Market Size Forecast 2018-2028F, USD Million
-Others (Rattan/Wicker, Upholstery, etc.)- Market Size Forecast 2018-2028F, USD Million
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By Region
-Central
-East
-West
-South
Competitive Landscape with Key Player:
BB Italia, Natuzzi, Kare Design, Ashley Furniture Industries Inc., ID Design, Wayfair, Saudi Modern Factory Company, IKEA, Oppein Home Group, Williams-Sonoma, Others
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