Top Companies in Saudi Arabia Home Furniture Market
This report lists the top Saudi Arabia Home Furniture companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Saudi Arabia Home Furniture industry.
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Saudi Modern Factory
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Riyadh Furniture Industries Co.
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Al-Abdulkader Furniture Co. Ltd
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AL Juraid
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Distretto Design
*Disclaimer: Top companies sorted in no particular order
Saudi Arabia Home Furniture Market Concentration
Saudi Arabia Home Furniture Company List
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS AND INSIGHTS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rise in Residential space driving the market
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4.2.2 Opening up of Hospitality and Office space driving the market
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4.3 Market Restraints
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4.3.1 Rising Price of Wooden Furniture Products
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4.3.2 Lack of store availability in Area away from Cities
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4.4 Market Opportunities
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4.4.1 Increasing sales of Furniture through online channels
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4.4.2 User-specific furniture demand from residential and commercial space
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4.5 Industry Attractiveness - Porter's Five Forces Analysis
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4.5.1 Bargaining Power of Suppliers
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4.5.2 Bargaining Power of Buyers
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4.5.3 Threat of New Entrants
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4.5.4 Threat of Substitutes
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4.5.5 Intensity of Competitive Rivalry
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4.6 Technological Innovations in Saudi Arabia Furniture Market
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4.7 Impact of COVID-19 on the Market
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Living Room Furniture
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5.1.2 Dining Room Furniture
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5.1.3 Bedroom Furniture
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5.1.4 Kitchen Furniture
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5.1.5 Other Types
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5.2 By Distribution Channel
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5.2.1 Home Centers
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5.2.2 Flagship Stores
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5.2.3 Specialty Stores
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5.2.4 Online
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5.2.5 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profile
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6.2.1 Saudi Modern Factory
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6.2.2 Riyadh Furniture Industry
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6.2.3 Al-Abdulkader Furniture Co. Ltd.
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6.2.4 AL Juraid
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6.2.5 Distretto Design
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6.2.6 Inter IKEA Group
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6.2.7 Al Aamer Furniture Co Ltd.
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6.2.8 Almutlaq Furniture
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6.2.9 Midas Furniture
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6.2.10 Ashley Furniture Industries Inc.
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6.2.11 Saudi Company For Hardware*
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7. MARKET FUTURE TRENDS
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8. DISCLAIMER AND ABOUT US
Specific to Saudi Arabia Home Furniture Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Saudi Arabia Home Furniture Market Companies Summary
The home furniture market in Saudi Arabia is witnessing steady growth with living room and bedroom furniture segments generating significant revenue. This growth is attributed to an increase in the country's total population, leading to a rise in residential spaces and subsequently, a surge in demand for home furniture. As the economy recovers from the pandemic, the urban population is also increasing, creating a demand for commercial space and luxury/premium furniture. To cope with the initial decline in retail sales due to COVID-19 restrictions, furniture companies shifted their focus to e-commerce and other online platforms. In Saudi Arabia, contract furniture is experiencing continuous growth from both the local government and commercial businesses. This growth is also fueled by an increase in home ownership, indicating a promising future for furniture manufacturers. Several cities in Saudi Arabia are emerging as leading markets for furniture sales. The trend of rising bedroom furniture sales is also noteworthy, driven by the increase in residential apartments and modern infrastructure facilities. Post-pandemic, the hospitality segment is also witnessing a revival, contributing to the demand for bedding and bedroom furniture. The advent of COVID-19 led to a surge in online sales of furniture, opening new revenue sources for manufacturers.
Explore MoreSaudi Arabia Home Furniture Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Market Concentration Overview
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1.2 Company Profile
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1.2.1 Saudi Modern Factory
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1.2.2 Riyadh Furniture Industry
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1.2.3 Al-Abdulkader Furniture Co. Ltd.
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1.2.4 AL Juraid
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1.2.5 Distretto Design
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1.2.6 Inter IKEA Group
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1.2.7 Al Aamer Furniture Co Ltd.
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1.2.8 Almutlaq Furniture
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1.2.9 Midas Furniture
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1.2.10 Ashley Furniture Industries Inc.
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1.2.11 Saudi Company For Hardware*
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Saudi Arabia Home Furniture Companies FAQs
Who are the key players in Saudi Arabia Home Furniture Market?
Saudi Modern Factory, Riyadh Furniture Industries Co., Al-Abdulkader Furniture Co. Ltd, AL Juraid and Distretto Design are the major companies operating in the Saudi Arabia Home Furniture Market.