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GCC Home Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The GCC Home Furniture Industry is segmented by Type (Kitchen Furniture, Living-room and Dining-room Furniture, Bedroom Furniture, and Other Types), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online, and Other Distribution Channels), and Geography.

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GCC Home Furniture Market Size

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gcc-home-furniture-market_Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 7.30 %
Market Concentration Low

Major Players

GCC Home Furniture Market

*Disclaimer: Major Players sorted in no particular order
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GCC Home Furniture Market Analysis

  • The growth in the interior design market and the rising increase in the construction of new buildings are some of the major factors fueling the growth of the home furniture market in the GCC region. Interior design is one of the fastest-growing industries in the Gulf, and the GCC interior design market is worth nearly USD 18 billion currently. The GCC’s continued construction boom ahead of Expo 2020 has also driven demand for the interior design market, especially in areas, like UAE and Saudi Arabia.
  • Some of the top reasons for driving furniture and furnishing purchases in the GCC countries include home improvements and innovations. There is a growing inclination of homeowners toward customizing their houses and an increased willingness to invest more in refurbishing and renovating them. Another rising purchase trend has been observed toward luxury furniture products.
  • As per an article published by Home Furniture Business, the increasing penetration of the internet and e-commerce has fostered the growth of furniture and home furnishings industry in the GCC. Online stores are also gaining popularity in the region at a CAGR of nearly 16%. Many companies, like IKEA, are also putting in efforts toward their online retail stores and are offering benefits, like free delivery and installation to customers who shop online.
  • The countries from GCC are heavy importers of furniture with the majority of the imports from countries, like China, Italy, Turkey, Germany, the United States, Poland, and Malaysia.

GCC Home Furniture Market Trends

This section covers the major market trends shaping the GCC Home Furniture Market according to our research experts:

Saudi Arabia, One of the Fastest Growing Home Furniture Market in GCC

Saudi Arabia's home furniture industry has become one of the most vibrant and fastest-growing industries in the GCC region. Saudi Arabia has the largest construction market in GCC, accounting for nearly ~33% of the total market share of the construction market. The increasing real estate development and rising demand for residential properties coupled with government initiatives for developing the socio-economic infrastructure are driving the home furniture industry in Saudi Arabia. 


Due to the rising population and urbanization, the construction sector of Saudi Arabia is growing. The country aims to increase the contribution of its construction section to its overall GDP from 5% in 2017 to nearly 10% by 2030. The domestic production of the country in terms of furniture production is relatively low. Hence, the country mainly imports its furniture requirement, especially for the household sector. The rising interest and investment of foreign players either to increase their presence or to expand in different emirates is further boosting the home furniture industry in Saudi Arabia.  

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The Bedroom Furniture Segment

The bedroom furniture segment is one of the most dominant segments, in terms of revenue generated in Saudi Arabia having opportunities for growth in the other countries in the GCC region. Due to increasing disposable income, the spending capacity of consumers on luxury goods and services, like home furniture, is increasing. Furthermore, economic growth and an increasing number of independent dwellings are driving consumers to spend more on premium bedroom furniture products.

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GCC Home Furniture Industry Overview

The report covers the major players operating in the GCC home furniture market. The market is comprised of both international and local players. Some of the prominent international companies present in the region include IKEA, Home Center, and Ashley Furniture HomeStore. Some of the local players with a strong market are AL Huzaifa and Royal Furniture.

GCC Home Furniture Market Leaders

  1. Al Huzaifa

  2. IKEA

  3. Home Center

  4. Royal Furniture

  5. Danube Home

*Disclaimer: Major Players sorted in no particular order

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GCC Home Furniture Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Opportunities

    5. 4.5 Porters Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Latest Innovations

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Geography

      1. 5.1.1 Saudi Arabia

      2. 5.1.2 United Arab Emirates

      3. 5.1.3 Kuwait

      4. 5.1.4 Qatar

      5. 5.1.5 Rest of GCC Countries

    2. 5.2 By Type

      1. 5.2.1 Kitchen Furniture

      2. 5.2.2 Living-room and Dining-room Furniture

      3. 5.2.3 Bedroom Furniture

      4. 5.2.4 Other Types

    3. 5.3 By Distribution Channel

      1. 5.3.1 Supermarkets and Hypermarkets

      2. 5.3.2 Specialty Stores

      3. 5.3.3 Online

      4. 5.3.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Competion Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Al Huzaifa

      2. 6.2.2 Luxe Living

      3. 6.2.3 ID Design

      4. 6.2.4 Bukannan Furnishing

      5. 6.2.5 IKEA

      6. 6.2.6 HomeCenter

      7. 6.2.7 Royal Furniture

      8. 6.2.8 Abyat

      9. 6.2.9 Delmon Furniture Factory

      10. 6.2.10 Ashley Furniture Homestore

      11. 6.2.11 Midas Furniture

      12. 6.2.12 AL Mutlaq

      13. 6.2.13 Danube Home

      14. 6.2.14 The One Kuwait

      15. 6.2.15 JYSK Kuwait

      16. 6.2.16 That's living

      17. 6.2.17 Nabco Furniture Center

      18. 6.2.18 Fahmy Furniture

      19. 6.2.19 Pan emirates Home furnishings

      20. 6.2.20 Pottery Barn

      21. 6.2.21 HomeBox

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. DISCLAIMER

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GCC Home Furniture Industry Segmentation

This report aims to provide a detailed analysis of the GCC home furniture market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights on various product and application types. Also, it analyzes the key players and the competitive landscape in the GCC home furniture market.

By Geography
Saudi Arabia
United Arab Emirates
Kuwait
Qatar
Rest of GCC Countries
By Type
Kitchen Furniture
Living-room and Dining-room Furniture
Bedroom Furniture
Other Types
By Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online
Other Distribution Channels
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GCC Home Furniture Market Research FAQs

The GCC Home Furniture Market is projected to register a CAGR of 7.30% during the forecast period (2024-2029)

Al Huzaifa, IKEA, Home Center, Royal Furniture and Danube Home are the major companies operating in the GCC Home Furniture Market.

The report covers the GCC Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the GCC Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

GCC Home Furniture Industry Report

Statistics for the 2024 GCC Home Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Home Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

GCC Home Furniture Market Report Snapshots

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GCC Home Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)