{"id":67477,"date":"2024-07-22T18:52:51","date_gmt":"2024-07-22T15:52:51","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=67477"},"modified":"2025-11-26T02:54:19","modified_gmt":"2025-11-26T02:54:19","slug":"%d8%aa%d9%82%d8%af%d9%8a%d8%b1%d8%a7%d8%aa-%d8%af%d9%88%d9%84%d9%8a%d8%a9-4-49-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%ad%d8%ac%d9%85-%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%a3","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/67477\/","title":{"rendered":"International estimates Saudi Arabia's furniture market to reach $4.49 billion in 2024"},"content":{"rendered":"<p>According to a report on the website <strong><a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=175eb1ce120794750&amp;q=https:\/\/www.mordorintelligence.com\/industry-reports\/saudi-arabia-home-furniture-market&amp;sa=U&amp;ved=2ahUKEwiX_eSx4LqHAxWTRkEAHd1qAesQFnoECAgQAQ&amp;usg=AOvVaw1j7ThzfjsrToeVVcNHzHjo&amp;fexp=72519171,72519168\">\u201cMordor Intelligence\u201d<\/a><\/strong> Market Size <strong><a href=\"https:\/\/amlak.net.sa\/en\/56394\/\">Home furniture<\/a> <\/strong>in Saudi Arabia at $4.49 billion in 2024, noting that it is expected to reach $5.98 billion by 2029, at a compound annual growth rate of 5.91% during the forecast period (2024\u20132029).<\/p>\n<p>The report explained that the<strong><a href=\"https:\/\/amlak.net.sa\/en\/64570\/\"> Living rooms<\/a><\/strong> Bedroom furniture is among the segments of the furniture market in Saudi Arabia that generates the most revenue with continuous growth over the years.<\/p>\n<p>The report stated that Saudi Arabia's total population is steadily increasing, and as residential areas expand, this is leading to increased demand from families for <strong><a href=\"https:\/\/amlak.net.sa\/en\/66476\/\">Home furniture<\/a><\/strong>. As the economy recovers from the negative impact of the pandemic, the country's urban population is growing, leading to a rise in commercial spaces as well as luxury\/premium furniture.<\/p>\n<p>A report by \u201cMordor Intelligence\u201d indicated that retail furniture sales in the Kingdom declined during the COVID-19 pandemic due to the restrictions imposed. However, as remote work became more common in commercial spaces, demand for furniture also declined. The report noted that to mitigate the decline in sales revenue, furniture companies began making their products available through e-commerce and other online channels.<\/p>\n<p>The report confirmed that online furniture sales increased during this period, as more retailers began offering their products online and more people started purchasing products through e-commerce. In terms of market share, Amazon holds more than 50% of the market in Saudi Arabia, making furniture from major brands such as Costco, Easy Home, Target, and others available through online sales channels.<\/p>\n<p>With the increasing number of payment options available in online buying methods for credit cards, EMIs, and others, as well as lucrative offers available from sellers, selling furniture online has become an easy way to use and buy. With this trend, online purchase options open up new revenue streams, enabling manufacturers to increase their furniture sales.<\/p>\n<p>Contract furniture in the Kingdom is also seeing continued growth from the local government as well as commercial companies. The share of home ownership is growing in the country and is expected to reach more than 70% in the coming years, signaling a rise in business for furniture manufacturers. Riyadh, Jeddah, Mecca, Medina, and others are emerging as leading cities in Saudi Arabia, creating sales opportunities for the furniture market.<\/p>\n<p>According to MODOR Intelligence, the rising number of residential apartments in the Kingdom and rising modern infrastructure facilities are expected to stimulate the demand for the home furniture market due to customer's interest in furniture and home decor. In the Kingdom's furniture market revenue, the share of bedroom furniture is more than 19%, with a continuous increase in revenue over the years.<\/p>\n<p>With apartments and villas occupying the leading spaces in the Kingdom's residential sectors, they are emerging as sectors with increasing demand for bedroom furniture as people prefer apartments in cities. Additionally, after recovering from COVID-19, the country's hospitality sector is seeing a rise in business and a resumption of demand for bedding and bedroom furniture.<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>A report by \u201cMordor Intelligence\u201d estimated the size of the home furnishings market in Saudi Arabia at $4.49 billion in 2024, noting that it is expected to reach $5.98 billion by 2029, with a compound annual growth rate of 5.91% during the forecast period (2024\u20132029). The report explained that living room and bedroom furniture are among \u2026 <a title=\"International estimates Saudi Arabia&#039;s furniture market to reach $4.49 billion in 2024\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/67477\/\" aria-label=\"Read more about International Estimates: The Kingdom&#039;s Furniture Market Is Projected to Reach $4.49 Billion in 2024\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":56955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-67477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u062a\u0642\u0631\u064a\u0631 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