Saudi Arabia Furniture Market: Opportunities, Size and Growth Projections in Upcoming Years
The increase in construction activities and rising preference for customized furniture are the leading factors that will drive the Saudi Arabia Furniture market in the forecast years. According to TechSci Research report, “ Saudi Arabia Furniture Market – By Region, Competition, Forecast & Opportunities, 2028F,” the Saudi Arabia Furniture Market was valued at USD6.40 billion in 2022 is forecast to grow at an impressive CAGR of 8.46% in the forecast period due to rapid change in purchasing pattern and rising preference for customized furniture. The market's growth is stimulated by increasing construction activities, increasing marketing and distribution channel, rising home ownership, and changing consumer preference. The demand for furniture in the projected period will likely register sustainable growth due to growing demand for smart as well as luxury furniture. Growing demand for residential real estate, real estate development, and government initiatives to improve th