Kitchen & Dining Furniture - Saudi Arabia

Saudi Arabia

In Saudi Arabia, the revenue generated in the Kitchen & Dining Furniture market reaches €541.20m in 2024.
It is projected that this market will experience an annual growth rate of 0.08% (CAGR 2024-2029).
Comparatively, United States generates the highest revenue, amounting to €35,990m in 2024.
When considering the population size, the per person revenue in 2024 is €14.44.
Saudi Arabia's demand for luxury dining furniture is on the rise, reflecting the country's growing affluent population and their desire for opulent interior design.

Key regions: Canada, United Kingdom, Brazil, Germany, India

Marché

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Comparaison de régions

Monnaie

Analyst Opinion

The Kitchen & Dining Furniture market in Saudi Arabia has been experiencing significant growth in recent years. Customer preferences have shifted towards more modern and functional designs, while trends in the market include the rising popularity of open-concept kitchens and the increasing demand for eco-friendly and sustainable furniture. Local special circumstances, such as cultural norms and the influence of religious practices, also play a role in shaping the market. Additionally, underlying macroeconomic factors, such as population growth, urbanization, and increasing disposable income, contribute to the development of the market.

Customer preferences: in the Kitchen & Dining Furniture market in Saudi Arabia have been evolving. Modern and functional designs are highly sought after, as consumers look for furniture that can maximize space and provide convenience. The demand for open-concept kitchens has also been on the rise, as it allows for a more seamless integration of the kitchen and dining areas, creating a spacious and inviting environment. Furthermore, there is a growing preference for eco-friendly and sustainable furniture, as consumers become more conscious of the environmental impact of their purchases.

Trends in the market: reflect these changing customer preferences. Furniture manufacturers and retailers are focusing on offering a wide range of modern and functional designs to cater to the demand. They are also incorporating innovative features, such as built-in storage solutions and space-saving designs, to meet the needs of consumers living in smaller homes or apartments. Additionally, there is an increasing emphasis on using sustainable materials and production methods, as well as promoting recycling and upcycling initiatives.

Local special circumstances: such as cultural norms and religious practices, also influence the Kitchen & Dining Furniture market in Saudi Arabia. Traditional Arabic designs and motifs are still popular among consumers, as they reflect the local heritage and cultural identity. Additionally, Islamic principles, such as the importance of family and hospitality, shape the way people use their kitchen and dining spaces. This can be seen in the demand for larger dining tables and seating arrangements that can accommodate extended family and guests.

Underlying macroeconomic factors: contribute to the development of the Kitchen & Dining Furniture market in Saudi Arabia. The country has been experiencing population growth, driven by high birth rates and an influx of expatriate workers. This has led to an increased demand for housing, including kitchen and dining furniture. Urbanization is also a significant factor, as more people move to cities and towns, creating a need for furniture that fits smaller living spaces. Furthermore, rising disposable income levels have allowed consumers to invest in higher-quality furniture and prioritize aesthetics and functionality in their homes. In conclusion, the Kitchen & Dining Furniture market in Saudi Arabia is developing in response to changing customer preferences, including a shift towards modern and functional designs, the popularity of open-concept kitchens, and the demand for eco-friendly and sustainable furniture. Local special circumstances, such as cultural norms and religious practices, also shape the market. Underlying macroeconomic factors, such as population growth, urbanization, and increasing disposable income, contribute to the growth and development of the market.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.