Saudi Arabia Furniture Market Overview
Market Size in 2024: USD 6.5 Billion
Market Forecast in 2033: USD 11.3 Billion
Market Growth Rate: 6.3% (2025-2033)
According to the latest report by IMARC Group, the furniture market size Saudi Arabia furniture market was valued at USD 6.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 11.3 Billion by 2033, exhibiting a CAGR of 6.3% from 2025-2033.
Saudi Arabia Furniture Industry Trends and Drivers:
Fueled by the intersection of fast urban growth and changing consumer lifestyles, the Saudi Arabia furniture market is seeing a continuous increase in demand. People are buying tough, fashionable, and multifunctional furniture more and more to go with contemporary living quarters as the population grows and housing demand increases. Government-led housing programs combined with the infrastructure objectives of Vision 2030 are speeding residential construction, therefore increasing demand for home furnishings. Manufacturers are innovating over materials, textures, and features as more people choose modular, space-saving, and environmentally friendly furniture options. While lightweight alternatives made from plastics and metals are becoming popular for their price and design flexibility, consumers are favoring wood-based and hybrid material furniture for its aesthetic appeal and lifespan. This dynamic is pushing furniture manufacturers to increase their product lines to meet both classic tastes and contemporary, minimalist fads.
Particularly inside metropolitan areas, the purchasing patterns are changing as a result of the growing wealth of Saudi families and the growing presence of a youthful, tech-savvy population. More and more customers are finding furniture online, where ease, personalization, and virtual visualization tools are changing the buying experience. Also gaining relevance are specialty stores and hypermarkets, which provide customized in-store experiences enhanced by after-sales assistance. Driven by tourism diversity and large-scale initiatives across Riyadh, Jeddah, and Neom, the growing hospitality sector is meanwhile producing great need for hospitality furniture combining comfort with durability. As hybrid models and remote work patterns change, offices are getting redesigned, therefore raising need for ergonomic and adaptable workstation options. These developments are intriguing market players to enhance distribution methods, streamline supply chains, and provide design-forward collections for both institutional customers and individual consumers.
Spatially, Riyadh is still a major center where commercial real estate growth and urban planning changes are establishing new standards in architectural incorporation and interior design. Increased hospitality investor interest in Jeddah is resulting in more procurement of premium hotel furnishings and personalized décor. With oil sector diversification as its goal, the Eastern Province is promoting industrial and residential growth that is driving constant furniture demand across both home and commercial markets. By releasing locally created collections, highlighting craftsmanship, and incorporating intelligent design technology, merchants and producers working throughout Saudi Arabia are taking advantage of these developments. Therefore, the Saudi Arabia furniture sector is presenting itself as a lively, innovation-driven environment that is always changing with regional expectations and lifestyles.
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Saudi Arabia Furniture Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Material:
- Wood
- Metal
- Plastic and Others
Breakup by Application:
- Home Furniture
- Office Furniture
- Hospitality Furniture
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online
- Others
Breakup by Region:
- Northern and Central Region
- Western Region
- Eastern Region
- Southern Region
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Saudi Arabia Furniture Market News:
- In March 2024, Al-Futtaim IKEA, the leading Swedish home furnishing retailer in the region, unveiled its innovative “Store of Tomorrow,” designed to revolutionize the retail industry by emphasizing play, discovery, and family-focused experiences. Committed to accessibility and affordability, Al-Futtaim IKEA invites customers to enjoy a seamless shopping journey where playfulness meets practicality.
- In June 2023, Thriwe partnered with Al Mutlaq Group to enter Saudi Arabia, targeting $100 million in revenue within three years. The collaboration aims to improve customer experience and loyalty and rewards programs in the region.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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