Saudi Arabia Luxury Furniture Market

Saudi Arabia Luxury Furniture Market Overview:

The Saudi Arabia luxury furniture market size reached USD 236.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 337.8 Million by 2033, exhibiting a growth rate (CAGR) of 4.05% during 2025-2033. The market is driven by rising disposable income, rapid urban development, an expanding hospitality sector, and a growing preference for premium home décor. Government-led infrastructure initiatives and Vision 2030 reforms further boost demand for high-end furnishings in residential, commercial, and hospitality applications across the Kingdom.

Saudi Arabia Luxury Furniture Market Trends:

Growing Preference for Customization and Bespoke Designs

There is a rising inclination among affluent consumers in Saudi Arabia toward customized luxury furniture that reflects personal taste, cultural elements, and spatial requirements. Bespoke designs are gaining traction, particularly among high-net-worth individuals who value exclusivity and individuality in home interiors. Designers and manufacturers are responding with tailored offerings in terms of materials, finishes, dimensions, and craftsmanship. This trend is also influenced by the presence of international luxury brands entering the Saudi market and offering personalized services. For instance, in October 2024, Fendi Casa launched its first flagship showroom in Riyadh, located on the prominent Tahliya Street, marking the brand’s official entry into the Saudi market. The 350-square-meter store showcases a curated range of luxury Italian furniture and home accessories, designed under Fendi’s architecture team to blend classic elegance with modern aesthetics. The boutique features rich textures, bespoke finishes, and an immersive showroom experience. This debut reinforces Fendi Casa’s expansion in the Middle East and its role in shaping high-end interiors. With increasing exposure to global design trends, local consumers are seeking furniture that blends traditional Arabian aesthetics with modern design elements. This customization demand is particularly notable in upscale villas, private offices, and hospitality suites, reinforcing the importance of artisanal quality and unique design identity in luxury interiors.

Expansion of High-End Hospitality Projects

The growth of luxury hospitality infrastructure across Saudi Arabia has become a major catalyst for the premium furniture segment. As the country positions itself as a global tourism and investment destination, fueled by projects such as NEOM, Red Sea Global, and Diriyah Gate, there is an increased need for upscale hotel and resort furnishings. These developments require high-quality furniture that matches international luxury standards in both design and durability. Global hotel chains and developers operating in the Kingdom are collaborating with premium furniture suppliers to ensure aesthetic consistency and quality assurance. This demand extends to lobbies, suites, lounges, and dining areas, contributing to higher procurement volumes. The emphasis on luxury experiences across tourism-related initiatives directly supports sustained investment in superior furniture offerings. For instance, in December 2024, Sagist Group, a specialist in luxury hotel design and turnkey project delivery, partnered with Saudi Hospitality Developing to deliver 20 new hotels in Saudi Arabia by 2025. These properties will include collaborations with international hotel chains, reinforcing Sagist Group’s role in high-end hospitality interiors. The company has been recognized by the Saudi government as a leading luxury hotel furniture manufacturer and has already completed several villa and hospitality projects in the region.

Saudi Arabia Luxury Furniture Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on raw material, application, distribution channel, and design.

Raw Material Insights:

• Wood 
• Metal 
• Glass 
• Leather 
• Plastic 
• Multiple 
• Others 

The report has provided a detailed breakup and analysis of the market based on the raw material. This includes wood, metal, glass, leather, plastic, multiple, and others.

Application Insights:

• Domestic
  • Living Room and Bedroom
  • Kitchen
  • Bathroom
  • Outdoor
  • Lighting
• Commercial
  • Office
  • Hospitality
  • Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes domestic (living room and bedroom, kitchen, bathroom, outdoor, and lighting) and commercial (office, hospitality, and others).

Distribution Channel Insights:

• Conventional Furniture Stores
• Specialty Stores
• Online Retailers
• Others

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes conventional furniture stores, specialty stores, online retailers, and others.

Design Insights:

• Modern
• Contemporary

A detailed breakup and analysis of the market based on the design have also been provided in the report. This includes modern and contemporary.

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 Luxury Furniture Market News:

• In December 2024, Bentley Home opened two new showrooms in Riyadh and Jeddah, strengthening its presence in the Middle East’s luxury furniture market. Set up inside Dar Al Arkan Interiors, these stores feature well-known designs along with new pieces from the 2024 collection, including the Styal desk, Camden table, and Solstice outdoor set. The showrooms reflect Bentley’s focus on detail, quality, and style, drawing influence from its car design background. The expansion highlights Dar Al Arkan Interiors’ growing role as a major name in the country’s premium furniture segment.
• In January 2024, First Furniture Company (FFC), part of Naif Alrajhi Investment Group, has opened a new Italian furniture showroom in Saudi Arabia. It features brands like Sitia, Codutti, Olev, and Matteo Pala, offering office and hospitality pieces with a mix of classic and modern styles. The launch welcomed guests from various sectors and supports Saudi Arabia’s Vision 2030 goals. FFC aims to improve office spaces with quality design and efficient service.

Saudi Arabia Luxury Furniture Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia luxury furniture market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia luxury furniture market on the basis of raw material?
• What is the breakup of the Saudi Arabia luxury furniture market on the basis of application?
• What is the breakup of the Saudi Arabia luxury furniture market on the basis of distribution channel?
• What is the breakup of the Saudi Arabia luxury furniture market on the basis of design?
• What are the various stages in the value chain of the Saudi Arabia luxury furniture market? 
• What are the key driving factors and challenges in the Saudi Arabia luxury furniture market?
• What is the structure of the Saudi Arabia luxury furniture market and who are the key players?
• What is the degree of competition in the Saudi Arabia luxury furniture 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 luxury furniture market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia luxury furniture 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 luxury furniture 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.