Product Code: ETC042080 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia household textile market is expected to grow at a CAGR of ~5.8% during the forecast period 2025-2031. The major factors driving the growth of this market are increasing population, rising disposable income, and changing lifestyle trends across the country. Moreover, increased tourism activities in line with Vision 2031 has also led to an increase in demand for home textiles from hotels & resorts. Furthermore, government initiatives such as ??Made in KSA?? program and e-commerce platforms have enabled greater access to high quality products within reasonable prices which further boosts the growth of this industry.
Increasing Population - With Saudi Arabia total population estimated to exceed 34 million by 2025, there is likely going to be an upsurge in demand for household textiles from households. Rising Disposable Income ?? As per 6wresearch reports, Saudis have witnessed a steady rise in their per capita income since 2018 due primarily to higher energy exports boosting domestic consumption levels thereby leading to increase in purchase power parity (PPP) driven by robust economic growth resulting into more spending on luxury items like home furnishing/textiles etc.
Low Penetration Of E-Commerce Platforms ?? Despite significant advancements being made towards digitalization over past few years yet majority retail outlets still function offline making it difficult for consumers who prefer online shopping experience while shopping for home textiles or other products related thereto thus restricting its overall penetration rate within Kingdom Of Saudi Arabia (KSA).
The Covid 19 pandemic had negative effects on the entire economy including Household Textile sector too with lockdowns subsequently affecting production capacities as well sales revenues adversely impacting business operations throughout kingdom as whole thus proving detrimental companies profitability figures substantially though gradually things will return back normalcy once vaccine arrives amidst very near future along with proper implementation necessary precautions needed safeguard health safety citizens.
Key players operating in the Saudi Arabia household textile industry include Alhokair Group, IKEA Malm?, Alhokair Fashion Retail Company Ltd., Mascot Trading Co., Best Home Furniture LLC., ALAMI International Trading Co., Binzagr Factory for Carpets and Textiles Co. Ltd., Vimasco Industries Limited, Skyline Home Fashions Inc., and Burhani Oasis Carpet Manufacturing LLC. These players have adopted various strategies such as product launches; mergers & acquisitions; collaborations; partnerships; joint ventures; expansions; etc. to increase their presence in the regional industry.
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 Household Textile Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Household Textile Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Household Textile Market - Industry Life Cycle |
3.4 Saudi Arabia Household Textile Market - Porter's Five Forces |
3.5 Saudi Arabia Household Textile Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Household Textile Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Household Textile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Household Textile Market Trends |
6 Saudi Arabia Household Textile Market, By Types |
6.1 Saudi Arabia Household Textile Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Household Textile Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Household Textile Market Revenues & Volume, By Non-woven Textile, 2021-2031F |
6.1.4 Saudi Arabia Household Textile Market Revenues & Volume, By Woven Textile, 2021-2031F |
6.2 Saudi Arabia Household Textile Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Household Textile Market Revenues & Volume, By Bed, 2021-2031F |
6.2.3 Saudi Arabia Household Textile Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Saudi Arabia Household Textile Market Revenues & Volume, By Door & Window, 2021-2031F |
6.2.5 Saudi Arabia Household Textile Market Revenues & Volume, By Dining & Wash, 2021-2031F |
6.2.6 Saudi Arabia Household Textile Market Revenues & Volume, By Ground, 2021-2031F |
7 Saudi Arabia Household Textile Market Import-Export Trade Statistics |
7.1 Saudi Arabia Household Textile Market Export to Major Countries |
7.2 Saudi Arabia Household Textile Market Imports from Major Countries |
8 Saudi Arabia Household Textile Market Key Performance Indicators |
9 Saudi Arabia Household Textile Market - Opportunity Assessment |
9.1 Saudi Arabia Household Textile Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Household Textile Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Household Textile Market - Competitive Landscape |
10.1 Saudi Arabia Household Textile Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Household Textile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |