Saudi Arabia Home Furnishings Market

Saudi Arabia Home Furnishings Market Overview:

The Saudi Arabia home furnishings market size reached USD 20.57 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 43.79 Billion by 2033, exhibiting a growth rate (CAGR) of 8.76% during 2025-2033. The Saudi Arabia home furnishing market is being driven by rapid urbanization, expanding real estate development, evolving consumer lifestyles, increased disposable income, and rising demand for modern, customizable interiors, fueled further by government-led housing initiatives and a youthful, tech-savvy population influenced by global design trends and online shopping accessibility.

Saudi Arabia Home Furnishings Market Trends:

Rising Urbanization and Real Estate Development

Among the key growth drivers are Saudi Arabia's quickening urbanization pace and real estate development at a mass scale. In accordance with Saudi Arabia's Vision 2030 strategy, the government has initiated various infrastructure and housing projects designed to diversify the economy and shift it away from reliance on oil incomes. Urban hubs, such as Riyadh, Jeddah, and NEOM, are seeing strong progress, with high levels of investment in residential developments, smart cities, and mixed-use schemes. This change has brought about an increase in demand for new houses and apartments, particularly among the expanding middle and upper-middle classes. As new residential properties come up, there is a commensurate increase in demand for interior design, furniture, and practical but beautiful home decor items. As such, developers, interior designers, and homeowners are seeking furnishings that match the contemporary and, in many cases, luxurious look of their homes.

Cultural Shifts and Lifestyle Modernization Trends

The shifting cultural preferences and lifestyle trends among Saudi nationals are also acting as significant growth-inducing factors. Saudi residences were historically relatively utilitarian in nature, with cultural values placing a premium on minimal exterior display of interior spaces. However, evolving social attitudes, growing global exposure, and a younger population attuned to technology are transforming how individuals engage with their domestic spaces. Nowadays, there is an increasing focus placed on aesthetics, personal style, and comfort. Saudi Arabian Millennials and Gen Z consumers, in particular, are influenced by international design trends, social media spaces, such as Pinterest and Instagram, and online shopping platforms. These consumers are placing increased importance on curated interior surroundings that express uniqueness, sophistication, and contemporary sensibilities. Women, especially, are at the forefront of these changes. With a growing number of women entering the workforce and earning financial independence, their enhanced buying power is dictating choices in home furnishings and furniture choice.

Saudi Arabia Home Furnishings Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product, price, and distribution channel.

Product Insights:

• Home Furniture 
• Home Textile
• Wall Decor 
• Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes home furniture, home textile, wall decor, and others.

Price Insights:

• Mass
• Premium 

A detailed breakup and analysis of the market based on the price have also been provided in the report. This includes mass and premium.

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores 
• Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, specialty stores, online stores, and others.

Regional Insights:

• Northern and Central Region 
• Western Region 
• Eastern Region 
• Southern Region 

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Home Furnishings Market News:

• March 2025: Diriyah Company launched Armani Residences Diriyah, introducing Giorgio Armani's first branded residences in Saudi Arabia. Located in Diriyah Square, the development features 15 exclusive units with interiors personally curated by Armani, reflecting the growing demand for premium home furnishings in the Sau Arabian market.
• December 2024: Bentley Home expanded its luxury furniture presence in the Middle East with new showrooms in Riyadh and Jeddah, housed within Dar Al Arkan Interiors. These stores showcase Bentley Home's 2024 collection, featuring pieces like the Styal desk, Camden table, and Bayton sofa.
• March 2023: Baytonia, a Saudi-based online furniture marketplace, closed its initial seed funding round, the amount of which remained undisclosed. The round was led by Khwarizmi Ventures (KV), with additional backing from a group of angel investors. With this fresh infusion of capital, Baytonia aims to enhance its standout customer experience and service capabilities, while also broadening its range of premium product offerings throughout Saudi Arabia.

Saudi Arabia Home Furnishings Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia home furnishings market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia home furnishings market on the basis of product?
• What is the breakup of the Saudi Arabia home furnishings market on the basis of price?
• What is the breakup of the Saudi Arabia home furnishings market on the basis of distribution channel?
• What is the breakup of the Saudi Arabia home furnishings market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia home furnishings market? 
• What are the key driving factors and challenges in the Saudi Arabia home furnishings?
• What is the structure of the Saudi Arabia home furnishings market and who are the key players?
• What is the degree of competition in the Saudi Arabia home furnishings market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia home furnishings market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia home furnishings market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia home furnishings industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.