Saudi Arabia Home Furnishings Market (2020-2026) | Outlook, Forecast, Size, Analysis, Share, Value, Industry, Growth, COVID-19 IMPACT, Trends, Revenue & Companies

Saudi Arabia Home Furnishings Market Synopsis

The Saudi Arabia home furnishings market is expected to register a CAGR of around 5% over the forecast period 2020-2026. Home furnishings have been gaining popularity in the country, driven by increasing disposable income levels and changing lifestyle habits among consumers due to rapid urbanization. As per the National Transformation Program (NTP) 2020, the government has identified furniture production as one of its key objectives for development over the next five years. This has created lucrative opportunities for domestic and international players to invest in this sector and capitalize on rising demand from both residential and commercial sectors

Furthermore, factors such as rapid population growth, enhanced purchasing power, increased tourism activities in major cities like Riyadh & Jeddah are providing an impetus to market growth. In addition, new trends such as customization of furniture according to consumer needs are also driving sales volumes up significantly. Moreover, online retailing platforms have become increasingly popular among customers owing to their ease of access & convenience benefits they offer. All these factors are expected to contribute towards positive outlook of the home furnishing industry during 2020-2026

Key Highlights of the Report:

• Saudi Arabia Home Furnishings Market Outlook
• Market Size of Saudi Arabia Home Furnishings Market, 2019
• Forecast of Saudi Arabia Home Furnishings Market, 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Revenues & Volume for the Period 2016 - 2026
• Saudi Arabia Home Furnishings Market Trend Evolution
• Saudi Arabia Home Furnishings Market Drivers and Challenges
• Saudi Arabia Home Furnishings Price Trends
• Saudi Arabia Home Furnishings Porter's Five Forces
• Saudi Arabia Home Furnishings Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Product Type for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Home furniture market for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Home textiles market for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Floor coverings market for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Offline Retail for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Home Furnishings Market Revenues & Volume By Online Retail for the Period 2016 - 2026
• Saudi Arabia Home Furnishings Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Saudi Arabia Home Furnishings Top Companies Market Share
• Saudi Arabia Home Furnishings Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Home Furnishings Company Profiles
• Saudi Arabia Home Furnishings Key Strategic Recommendations