According to the report by Expert Market Research (EMR), the Saudi Arabia furniture market size reached a value of USD 7.91 billion in 2023. Aided by urbanisation, increasing disposable income, changing consumer lifestyles, and a growing real estate sector, the market is projected to further grow at a CAGR of 6.2% between 2024 and 2032 to reach a value of USD 13.59 billion
Furniture refers to movable objects designed to support various human activities, such as seating, sleeping, dining, working, or storing items. It includes a wide range of items used in homes, offices, commercial establishments, and outdoor spaces. Furniture serves both functional and decorative purposes, enhancing the comfort, functionality, and aesthetics of living and working environments. by 2032. The furniture sector in Saudi Arabia encompasses the production, distribution, and sale of various types of furniture products.
The rapid urbanisation and population growth in Saudi Arabia have led to an increase in residential construction activities, driving the Saudi Arabia furniture market growth. Additionally, the influx of expatriates and the establishment of new residential communities have contributed to the expansion of the market. The rising disposable income levels among the Saudi population have boosted consumer spending on furniture and home furnishings. As individuals and households seek to upgrade their living spaces and invest in quality furniture products, the demand for premium and luxury furniture has surged.
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As per the Saudi Arabia furniture market analysis, the robust growth of the real estate sector, including residential, commercial, and hospitality projects, has created a significant demand for furniture products. With ongoing and planned mega projects such as NEOM, The Red Sea Project, and Qiddiya, the need for furniture solutions for hotels, resorts, offices, and residential complexes is expected to escalate.
Ongoing and planned infrastructure projects, including urban development initiatives, transportation networks, and entertainment complexes, will create a sustained demand for furniture products across various sectors. The integration of technology and smart features into furniture products, such as IoT-enabled furniture, home automation systems, and multifunctional designs, is expected to gain traction among tech-savvy consumers seeking innovative and convenient living solutions.
Technological advancements and the Internet of Things (IoT) are influencing the furniture market in Saudi Arabia. Consumers are increasingly interested in smart furniture solutions embedded with features such as built-in charging ports, wireless connectivity, LED lighting, and adjustable settings. Smart furniture not only enhances convenience but also offers a futuristic and modern appeal to consumers seeking innovative home furnishing solutions.
With the growing population density and urbanisation in Saudi Arabia, there is a rising demand for furniture that maximises space utilisation and offers multifunctional capabilities which also propels the Saudi Arabia furniture market expansion. Furniture items such as sofa beds, convertible tables, storage ottomans, and modular shelving systems are gaining popularity among urban dwellers who seek practical and versatile solutions for smaller living spaces.
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Saudi Arabia’s rich cultural heritage and traditional design aesthetics continue to influence the furniture market. Consumers often seek furniture designs that incorporate elements of Islamic art, geometric patterns, and traditional craftsmanship. As per the Saudi Arabia furniture market outlook, there is a growing interest in blending traditional Arabic design motifs with modern and contemporary styles, creating unique and culturally inspired furniture pieces.
The growth of e-commerce platforms and digital retailing channels will provide consumers with greater accessibility to a wide range of furniture options, driving online sales and shaping consumer purchasing behaviour. There is a growing demand for customisable and personalised furniture solutions tailored to individual preferences and lifestyle needs which also boosts the Saudi Arabia furniture market share. Furniture manufacturers that offer customisation options and flexible design choices are likely to gain a competitive edge in the market.
Market Segmentation
The market can be divided based on product, material, end use, and distribution channel.
Market Breakup by Product
- Beds
- Tables and Desks
- Sofa and Couch
- Chairs and Stools
- Cabinets and Shelves
- Others
Market Breakup by Material
- Metal
- Wood
- Plastic
- Glass
- Others
Market Breakup by End Use
- Residential
- Commercial
Market Breakup by Distribution Channel
- Home Centers
- Flagship Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Saudi Arabia furniture market. Some of the major players explored in the report by Expert Market Research are as follows:
- Steelcase Inc.
- Saudi Modern Factory Co.
- Haworth Inc.
- MillerKnoll
- Kinnarps AB
- Tanatel Furniture
- Matanah Furniture Factory
- National Furniture Manufacturing Company (Athath)
- Aflak Group
- Natuzzi S.p.A.
- Others
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