Product Code: ETC049879 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia upholstered furniture market is expected to register a CAGR of 6.8% during the forecast period (2025-2031). The country??s increasing urbanization, rapid economic growth, and rising disposable income are some of the major factors driving the demand for upholstered furniture in Saudi Arabia. Growing awareness among consumers about interior design and changing lifestyles are likely to further propel market growth over the forecast period.
Urban population in Saudi Arabia has been increasing steadily throughout recent years due to large scale migration from rural areas into urban cities such as Riyadh and Jeddah amongst others. This is leading to an increase in upscale housing projects which require high quality furnishing options including luxurious sofas, armchairs and other upholstered pieces of furniture which can be expensive but still influence buying decisions due to their aesthetic appeal and comfort level they offer. An improvement in household incomes has resulted in a shift towards more lavish lifestyle among Saudis with increased spending on luxury items such as designer clothing, jewelry or branded furniture products becoming increasingly common trend across different demographics; this is particularly true when it comes to millennials who tend prefer modern designs that would fit their dynamic personalities while also being comfortable enough for them use at home on daily basis The popularity of online interior design services along with emergence numerous local start-ups offering personalized styling solutions have all played part raising awareness around importance good design both residential commercial spaces, thereby encouraging people invest better quality furniture products that look aesthetically pleasing yet provide adequate amount support comfortability wise.
High Cost Of Upholstered Furniture In Saudi Arabia despite its growing popularity amongst affluent customers most parts Kingdom still consider cost owning piece luxury sofa extravagant expense often beyond reach many middle class households given current socio-economic conditions country.
The Covid-19 pandemic has had a significant impact on the upholstered furniture market in Saudi Arabia. The outbreak of the virus and subsequent economic downturn have caused disruption to supply chains, leading to a decrease in exports of upholstered furniture from the country. Additionally, with strict restrictions on movement imposed by local authorities to contain the spread of Coronavirus, retailers are facing decreased footfall and reduced sales. This is likely to have an adverse effect on revenue generated from furniture sales in Saudi Arabia during 2025-2031.
The key players operating in this market include Sauder Woodworking Co., Ashley Furniture Industries Inc., King Koil LLC., IKEA Group, La-Z-Boy Incorporated , American Signature Furniture Co., Century Trading Est.. Ltd,, Home Box Stores L.L.C (Home Centre), Fantastic Holdings Limited?and Natuzzi S.p.A among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Upholstered Furniture Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Upholstered Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Upholstered Furniture Market - Industry Life Cycle |
3.4 Saudi Arabia Upholstered Furniture Market - Porter's Five Forces |
3.5 Saudi Arabia Upholstered Furniture Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Upholstered Furniture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Upholstered Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in real estate sector and urbanization leading to increased demand for furniture. |
4.2.2 Rising disposable income and changing lifestyle preferences driving the demand for premium upholstered furniture. |
4.2.3 Government initiatives promoting the furniture industry and investments in infrastructure projects. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Intense competition from international and local furniture manufacturers. |
4.3.3 Economic challenges and fluctuations in oil prices affecting consumer spending. |
5 Saudi Arabia Upholstered Furniture Market Trends |
6 Saudi Arabia Upholstered Furniture Market, By Types |
6.1 Saudi Arabia Upholstered Furniture Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Chair, 2021-2031F |
6.1.4 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Sofas, 2021-2031F |
6.1.5 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Tables, 2021-2031F |
6.1.6 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Beds, 2021-2031F |
6.1.7 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Other, 2021-2031F |
6.2 Saudi Arabia Upholstered Furniture Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Saudi Arabia Upholstered Furniture Market Revenues & Volume, By Commercial, 2021-2031F |
7 Saudi Arabia Upholstered Furniture Market Import-Export Trade Statistics |
7.1 Saudi Arabia Upholstered Furniture Market Export to Major Countries |
7.2 Saudi Arabia Upholstered Furniture Market Imports from Major Countries |
8 Saudi Arabia Upholstered Furniture Market Key Performance Indicators |
8.1 Consumer sentiment index reflecting the willingness of consumers to invest in upholstered furniture. |
8.2 Housing market indicators such as number of new housing starts or home sales, indicating potential demand for furniture. |
8.3 Import/export data for furniture industry, giving insights into the market's competitiveness and external influences. |
9 Saudi Arabia Upholstered Furniture Market - Opportunity Assessment |
9.1 Saudi Arabia Upholstered Furniture Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Upholstered Furniture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Upholstered Furniture Market - Competitive Landscape |
10.1 Saudi Arabia Upholstered Furniture Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Upholstered Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |