Saudi Arabia Office Furniture Market Grow with a CAGR of 3.62% through 2030F
The Saudi Arabia Office Furniture market is driven by rapid
urbanization, increased commercial construction, evolving workplace aesthetics,
and growing demand for ergonomic, tech-integrated, and sustainable furniture
solutions.
According to
TechSci Research report, “Saudi Arabia Office Furniture Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Office Furniture market stood at USD 798.34
Million in 2024 and is anticipated to grow USD 987.94 Million by 2030 with a
CAGR 3.62% during forecast period. The Saudi Arabia Office Furniture market is
driven by rise in remote and hybrid work models. As more companies adopt
flexible work arrangements, there is a growing demand for furniture that caters
to both office and home environments. Employees working remotely require
ergonomic furniture, such as adjustable desks, comfortable chairs, and
space-saving solutions, to enhance productivity and well-being. Hybrid work
models further increase this demand, as companies seek to furnish both office
spaces and home offices with versatile and functional furniture. This shift is
pushing manufacturers to offer innovative solutions that support flexible work
styles, combining comfort, aesthetics, and practicality. As the trend
continues, the demand for high-quality, ergonomic office furniture is expected
to grow substantially in Saudi Arabia.
The Saudi Arabia
Office Furniture market is primarily driven by economic diversification under
Saudi Arabia’s Vision 2030 h. As the Kingdom seeks to reduce its dependency on
oil and expand into industries such as technology, tourism, healthcare, and
finance, the need for modern office spaces has risen. New businesses and
corporate offices require contemporary, functional, and ergonomic furniture
solutions to create efficient work environments. The shift toward non-oil
industries has spurred infrastructure development, including the construction
of commercial buildings, tech hubs, and co-working spaces, all of which require
high-quality office furnishings. Also, the influx of foreign investment and
multinational companies establishing offices in the region further boosts
demand for stylish, functional office furniture, supporting the growth of the
market in Saudi Arabia.
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"Saudi Arabia Office Furniture Market”
The Saudi Arabia
Office Furniture market is segmented into type, raw material, price range,
sales channel, and region.
Based on the type,
the desks segment is the fastest growing in the Saudi Arabia Office Furniture market,
driven by the evolving dynamics of modern workspaces. As businesses
increasingly adopt hybrid and remote work models, there is a heightened demand
for ergonomic and adaptable workstations. Desks with features such as
adjustable heights, built-in power outlets, and cable management systems are
becoming essential to accommodate diverse work styles and enhance productivity.
This shift aligns with the broader trend towards creating flexible,
technology-integrated office environments that prioritize employee well-being
and efficiency. Consequently, the desk segment is experiencing substantial
growth, reflecting the Kingdom's commitment to modernizing its workplace
infrastructure under Vision 2030.
Based on the
region, Western is the fastest-growing region in the Saudi Arabia Office
Furniture market, driven by several factors, including the ongoing economic
diversification in the region, which has led to an increased demand for office
spaces across various sectors such as tourism, retail, and services. The
significant urbanization and infrastructure development in cities like Jeddah
further fuel the need for modern office furniture solutions. Also, the
religious and cultural importance of Mecca and Medina drives continuous growth
in the hospitality and service industries, which require office furniture for
their expanding operations. As businesses continue to grow and transform in
this region, the demand for stylish, functional office furniture is expected to
rise, making it the fastest-growing segment in Saudi Arabia’s office furniture
market.
Major companies
operating in the Saudi Arabia Office Furniture market are:
- HNI
Corporation
- Jeraisy Furniture Factory
- Al Sharq Al Masiya Trading Company
- Haworth, Inc.
- Onmuse Office Furniture Co., Ltd
- Zhejiang Sunon Furniture Manufacture
Co., Ltd
- Kimball International, Inc.
- Office Space -Masahat Almaktab
- Excel Furniture
- Lotus Systems
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“The Saudi
Arabia Office Furniture market is expected to grow in the future owing to
the increased foreign investment.
The Kingdom's efforts to diversify its economy under Vision 2030 have attracted
a surge in foreign businesses establishing operations in Saudi Arabia. This
influx of international companies has led to a heightened demand for modern,
high-quality office furniture to furnish new and expanding office spaces. For
instance, the Ministry of Investment issued 2,056 new foreign investment
licenses in Q4 2021, marking a 358% year-on-year increase and the highest
number ever issued in a single quarter . Consequently, there is a growing need
for office furniture that meets international standards, incorporates ergonomic
designs, and aligns with global workplace trends. This trend is expected to
continue, further propelling the growth of the office furniture market in Saudi
Arabia", said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Saudi Arabia Office
Furniture Market By Type (Chairs, Desks, Filing, Cabinets &
Lockers, Others), By Raw Material (Wooden, Metallic, Plastic, Others), By Price
Range (Mass, Premium/Luxury), By Sales Channel (Contract/Direct Sales, Furniture
Retail Outlets, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Office Furniture market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the Saudi Arabia
Office Furniture market.
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