Saudi Arabia Building Furnishing Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)

Saudi Arabia Building Furnishing Market Size

Saudi Arabia Building Furnishing Market Trends & Growth Drivers

New Technologies in Building Furnishing Are Key Trends in Market

• Various new technologies are making their way into the building furnishing space, such as 3D printing, augmented reality, artificial intelligence, and the internet of things.
• They allow for the creation of distinctive and personalized wallcoverings, such as textural wallpapers, innovative graphical designs, thematic designs, and custom wallpapers.
• Wallcoverings with removable and easy-to-apply qualities are also trending.
• Additionally, luxury vinyl tiles is revolutionizing flooring solutions in the country as they are durable, versatile, and cost-effective.

Rapid Urbanization and Growing Population Are Drivers of Market Growth

• Saudi Arabia is witnessing rapid urbanization with a growing population and increasing number of urban development projects.
• There will be a high demand for furnishing materials, such as furniture, wall coverings, and flooring solutions, as more commercial and residential buildings are constructed in the country.
• Moreover, the urban lifestyle of the people of the country revolves around chic interiors for offices and homes, in line with the distinct overtones of luxury and opulence in the Middle Eastern culture.

Saudi Arabia Building Furnishing Industry Outlook

Product Insights

• The furniture category will hold the largest market share, of 60%, in 2024, and it is expected to grow at the highest CAGR, of 12%, during the forecast period.
• This is due to the high preference for premium-quality and aesthetic wooden furniture in residential and commercial buildings.
• People in the country look for elegant furniture that creates a cozy and inviting atmosphere.
• Additionally, many hotels in Middle East boast traditional furniture with a modern twist, which makes the interior aesthetic and appealing.

The products analyzed in this report are:

• Furniture (Largest and Fastest-Growing Category)
• Textile
• Flooring
• Others

Application Insights

• The indoor category will hold the larger market share, of 70%, in 2024 and is expected to grow at the highest CAGR, of 13%, during the forecast period due to the growing focus on home décor items.
• Consumers are investing highly in indoor applications because of the changing lifestyle and preferences.
• Indoor furnishings are more important than outdoor ones, as they include essential stuff such as beds and sofa sets with upholstery, diwans, and dressing tables.
• In contrast, outdoor furniture is majorly non-essential and, often, a sign of opulence.

The applications analyzed in this report are:

• Indoor (Larger and Faster-Growing Category)
• Outdoor

Distribution Channel Insights

• The offline channel will hold the larger market share, of 75%, in 2024 because furnishing products are traditionally bought through offline retail stores.
• Mostly, consumers still prefer to buy items such as furniture and upholstery offline after extensive research and look and feel.
• The online channel is expected to grow at the higher CAGR, of 15%, in the forecast period because of the increasing rate of digitalization of the retail sector.
• Online sales provide a variety of products and home delivery options to consumers.

The distribution channels analyzed in this report are:

• Offline (Larger Category)
• Online (Faster-Growing Category)

Regional Analysis

• Al-Riyadh will dominate the market with 45% revenue in 2024, and it is also expected to witness the highest CAGR, of 12%, during the forecast period.
• This is because the province is witnessing extensive construction activities.
• In addition, the Saudi Arabian government has revealed the design of the Mukaab, a cube-shaped supertall skyscraper, which will be the focal point of the New Murabba area in downtown Riyadh.
• It is situated in a 19-square-kilometer region that is expected to grow into one of the greatest downtowns globally.
• The New Murabba district will have new museum, over 80 entertainment and culture venues, a technology and design university, more than 104,000 residential units, 980,000 square meters of retail spaces, as well as 1.4 million square meters of leisure assets, offices, and community facilities.

The provinces analyzed in this report are:

• Al-Riyadh (Largest and Fastest-Growing Province)
• Makkah
• Al-Madinah
• Al-Qaseem
• Eastern Province
• Aseer
• Tabouk
• Hayel
• Northern Border
• Jazan
• Najran
• Al-Baha
• Al-Jouf

Saudi Arabia Building Furnishing Market Share

• The Saudi Arabian building furnishing market is fragmented due to the presence of both local and international players.
• Most of the market share is occupied by the small and medium-sized local players, as they operate conventional stores and offer lower-cost products than the big names.

Saudi Arabia Building Furnishing Market Companies News

• In May 2024, Inhabitr expanded in the Middle East and collaborated with Alsulaiman Group to bring AI to furnishing.
• In June 2024, HKS announced the launch of a new office in Riyadh, bringing its global office network to 29 cities.