Tuesday, 02 January 2024 12:17 GMT

GCC Furniture Market Size To Hit USD 28.3 Billion By 2033 With A 7.2% CAGR


(MENAFN- EIN Presswire) The GCC furniture market size is projected to exhibit a growth rate (CAGR) of 7.2% during 2025-2033.

RIYADH, RIYADH, SAUDI ARABIA, June 9, 2025 /EINPresswire / -- GCC Furniture Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 7.2% (2025-2033)

The region's furniture industry is thriving. Urbanization is rising, lifestyles are changing, and demand for modern interiors is growing. Increasing construction activities and hospitality developments are further fueling market expansion. According to IMARC Group, the GCC furniture market size reached USD 15.3 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 28.3 billion by 2033, exhibiting a growth rate (CAGR) of 7.2% during 2025-2033.

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GCC Furniture Industry Trends and Drivers:

The GCC furniture market is changing fast. New consumer preferences and urban growth drive this shift. Modern living raises the need for multifunctional and space-saving furniture. This is especially true for small urban homes. Popular choices are modular designs, such as foldable tables and convertible sofas. They provide both versatility and practicality. E-commerce is changing how we shop. Online platforms offer many customizable options and competitive prices. This digital shift comes with a focus on style. Buyers want furniture that blends function and modern design. Social media sets trends. Consumers look to global design movements, especially minimalist and Scandinavian styles, for inspiration. The hospitality sector affects the market. Luxury hotels and restaurants invest in stunning pieces. They do this to improve guest experiences. Sustainability is key now. Eco-conscious shoppers prefer furniture made from recycled materials or responsibly sourced wood. Manufacturers are responding by adopting green practices, including low-emission production processes. Government programs that support tourism and real estate help growth. They create opportunities in both residential and commercial furniture markets.

A new trend in the GCC furniture market blends technology with cultural design. Smart furniture with wireless charging and IoT connectivity attracts tech-savvy buyers. They want convenience. This trend matches the region's smart city goals. Homes and offices are built for efficiency. People really value furniture that reflects cultural heritage. Artisans blend classic Arabian motifs, such as geometric patterns and detailed carvings, with modern designs. This fusion appeals to both locals and expatriates, creating a unique market niche. The commercial sector, like offices and schools, boosts the need for ergonomic furniture. This furniture helps improve employee well-being and productivity. Retailers are changing by providing custom options. This lets customers personalize furniture to fit their needs. Brands must shine in a tough market. They do this with quality craftsmanship and clever marketing. Many collaborate with regional designers to create exclusive collections. The furniture industry in the GCC is lively and diverse. It grows by balancing global trends with local identity.

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GCC Furniture Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Material:

● Metal
● Wood
● Plastic
● Glass
● Others

Breakup by Distribution Channel:

● Supermarkets and Hypermarkets
● Specialty stores
● Online stores
● Others

Breakup by End Use:

● Residential
● Commercial

Breakup by Country:

● Saudi Arabia
● UAE
● Qatar
● Bahrain
● Kuwait
● Oman

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players.

Explore Full Report with Table of Contents:

Key highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current, and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St., Brooklyn, NY 11249, USA

Email: ...

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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