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Rising Demand of Saudi Arabia Furniture Products, a Key Catalyst for Growth of the Saudi Arabia Economy: Ken Research

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Title: Rising Demand of Saudi Arabia Furniture Products, a Key Catalyst for Growth of the Saudi Arabia Economy: Ken Research


1
Rising Demand of Saudi Arabia Furniture Products,
a Key Catalyst for Growth of the Saudi Arabia
Economy Ken Research
2
Furniture Industry in Saudi Arabia is an import
driven market with supplies from major companies
such as China, Italy, US and South Asian
Countries. Saudi Arabia is one of the principal
markets in Middle East region. An increase in
demand is exhibited with respect to new demand of
residential houses. With increasing personal
disposable income in hand, a rise in demand has
also been witnessed by individuals for new
furniture for existing homes. With changing
times, the utility derived out of furniture has
also taken a radical shift. Consumers tend to
prefer furniture products which enhance the
social appeal of their house along with products
which are multi utility and save on space.
3
Internet Penetration is rising giving way for
demand for online furniture. Role of media has
also played a pivotal role in increasing the
demand for furniture products. Consumers tend to
get new innovative ideas on redecoration of
houses from various TV programs and magazines
which particulars cater to home furnishings. E
Commerce has played an important role in
advertising and promotion of furniture products
across the country. Office Furniture Sector in
Saudi Arabia has witnessed growth at swift pace.
A considerable effort has been put forward in
this regard as the government is trying to reduce
their dependence on oil exports and would like to
promote growth of other sectors as well.
4
The report on The Saudi Arabia Furniture Industry
by Ken Research titled The KSA Furniture Market
by End Users (Home, Office, Hotels and
Industrial), By Product Categories (Bedroom -
Bed, Wardrobe, Dressing Table Living Room -
Sofa, Sofa cum Bed, Television Sets, Coffee Table
and Center Table Dining Room Kitchen), Children
Furniture and Online Furniture Market Outlook
to 2022 suggests a double digit growth in the
furniture sector for manufacturers, retailers as
well as online players. Specialized players in
hotel furniture such as Styl group and other
entity will continue to underscore growth in
future and penetrate further in the
category. Key Topics Covered in the
Report Furniture Sales in Saudi Arabia Furniture
Design Preference in KSA Saudi Arabia Furniture
Retail Market Number of Furniture Stores in Saudi
Arabia Online Furniture Sale in the Saudi Arabia
5
Spend on the Saudi Arabia Furniture Retail Store
Sale, Online Sale, Exclusive Store Sale Revenue
of Al Aamer Furniture Sale of Al- Jedaie Fabrics
and Furniture Co Sale of Riyadh Furniture
Industries in KSA Number of stores of Almutlaq
Furniture Annual Growth Major Furniture Players
KSA Forecasted growth of furniture
industry Market share of major players operating
in the furniture industry For more information
on the market research report please refer to the
below link https//www.kenresearch.com/consumer-p
roducts-and-retail/home-and-office-furnishings/ksa
-home-furniture-market/142278-95.html
6
Related Reports by Ken Research 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 Indonesia Furniture
Market by Type (Home, Office, Hotel
Industrial), by Sales (Domestic Export) and by
Cities - Outlook to 2021 China Furniture Market
Outlook to 2020 - Surge in Demand for Children
Furniture and Rise in Trend of Online Furniture
Sales to Shape Future India Furniture Market
Outlook to 2020 - Surging Popularity of Online
Marketplace and Preferences towards Organized
Furniture Brands to Fuel Growth Malaysia
Furniture Market Outlook to 2020 - Growth in
Furniture Export and Rise in Trend of Online
Furniture Sales to Drive Future
7
Contact Us Ken Research Ankur Gupta, Head
Marketing Communications sales_at_kenresearch.com C
ontact 91 124-4230204
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