News

FURNITURE IMPORTS VALUE IS ANTICIPATED TO GROW TO 14% AT 2017 MAKING KSA ONE OF THE MOST ATTRACTIVE INTERIOR MARKET IN THE MIDDLE EAST

Published 2017-05-15 09:47:21

Buoyed by construction boom and growing investment in the real estate sector, Saudi Arabia’s furniture industry has become one of the most vibrant segments in the country. The construction sector in the country is considered as the largest and the fastest growing market in the Gulf region with huge growth potential. The sector’s booming activities has led to significant furniture demand in Saudi Arabia.

RNCOS’ analysts have identified that furniture demand in the Kingdom has rapidly expanded over the past few years on the back of rising affluence, influence of western culture, booming construction activities and tourism developments. Consequently, the furniture demand is anticipated to grow at a CAGR of around 14% during 2013 - 2017, making the Kingdom one of the most attractive furniture markets in the Middle East.

Source: RNCOS.com

Exhibitor Zone
Twitter Feed

instagram feed