Furniture consumption in Saudi Arabia is projected to grow at a CAGR of 10% during 2015-2019, says RNCOS in its latest research report.
Noida, UP -- (SBWIRE) -- 11/21/2014 -- Increasing construction activities has led to a significant furniture demand in Saudi Arabia and makes Kingdom one of the preferred business locations for furniture industry. Attributed with the strong international trade links, followed by stable political environment, fiscal surplus and diversified economy, Saudi Arabia becomes one of the favorable destinations for investment in GCC region. Government capital expenditure towards construction sector has been increasing continuously for the development of residential, educational, medical and hospitality sector. This will further enhance the furniture demand in the Kingdom.
This report “Saudi Arabia Furniture Market Outlook 2019”, covers the market in terms of production and consumption by type such as office furniture and household furniture Household furniture consumption is further fragmented into bedroom, kitchen and other type of furniture. Export and import analysis of Saudi Arabian furniture market are also covered in the report by furniture type and countries. Besides, both furniture export and import by type of materials are also covered in the report.
To provide a better image of Saudi Arabia furniture market, details regional furniture market analysis along with the wood product industry frame work are also covered in the report. Besides, to give a better coverage about the Kingdom’s construction sector, a detail analysis of interior design, contracting and fit out industry is also included in the report.
Further, regulatory analysis and consumer behavior analysis in terms of furniture to Saudi customer are also described in the report. Details analysis of Saudi Arabia furniture major players is also included in the report along with the business description, which can help a better understanding of the Saudi Arabia furniture market.
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