Saudi Arabia Kitchen Furniture Market Size

Saudi Arabia Kitchen Furniture Market Analysis

The Saudi Arabia Kitchen Furniture market has generated gross revenue of USD 680 million in the current year and is poised to register a CAGR of more than 10.2% for the forecast period.

The abrupt post-COVID-19 pandemic has drastically altered the kitchen furniture sector. After the pandemic, commercial works also started, and with this, there's an increment in the revenue from the kitchen furniture market. People are out, traveling, and going to work so commercial kitchens in hotels and restaurants also help to grow the market. Saudi Arabia, which relies heavily on imports for its furniture, has been severely impacted by supply chain delays and the temporary restriction on global trade.

The kitchen is a commonly utilized area in the house and is regarded as the home's central hub. As Saudi Arabian families get smaller and individuals live in smaller apartments, there is an increasing need to maximize space efficiency, which leads to an increase in the demand for kitchen equipment. Kitchens are made up of a variety of cabinets and fixtures that are organized in a systematic way to maximize the utilization of kitchen space.

The Saudi Arabian kitchen furniture sector has grown to be one of the most vibrant and fastest-growing in the Gulf Cooperation Council (GCC). The country's real estate market is being driven by a growing number of real estate developments and rising demand for residential property, as well as government attempts to expand socioeconomic infrastructure. The demand is addressed by importing furniture products since local producers are experiencing a shortage of raw materials and parts essential for making kitchen furniture products. Foreign players' increasing interest and investment, whether to expand their presence or expand into new emirates, is boosting the country's kitchen furniture business. The demand for online furniture is expanding as internet penetration rises.

The media has also played a significant role in the growing demand for furniture. Consumers can acquire new and unique ideas for redecorating their homes from a variety of TV shows and periodicals that focus on kitchen furnishings. E-commerce has played a crucial role in the promotion and advertising of furniture products across the country. In Saudi Arabia, the summer season is popular among buyers for kitchen design because of many events, such as weddings and the start of Ramadan. Most kitchen items in Saudi Arabia are imported from other countries, with prices determined by the overall design of the kitchen.