Rapports

Furniture and Floor Coverings Retailing in Middle East and Africa, 2014-2019 : Market Dynamics, Retail Trends, and Competitive Landscape

Rapport
Titre
Furniture and Floor Coverings Retailing in Middle East and Africa, 2014-2019 : Market Dynamics, Retail Trends, and Competitive Landscape
1'852.50EUR
Langue
English
Pages
31
Secteur
Vente au détail
Date
Octobre 2015
Type de Produit
Report
Description du rapport

Furniture and Floor Coverings retail market in Middle East and Africa is expected to grow at a slow pace over the next five years. South Africa is the largest market Furniture and Floor Coverings in the region. However, Saudi Arabia is set to surpass South Africa by 2019 in terms of sales, fuelled by strong economic conditions, a large young population, increasing social media use, and western influence. In addition, government initiatives to increase the home ownership will help increase the demand for Furniture and Floor Coverings in the country.

Key Findings

- The Middle East and Africa Furniture and Floor Coverings market is forecast to mark over US$10 billion in retail sales by 2019, growing at a CAGR of 3.9%, driven by demand for home improvement products

- South Africa leads the Furniture and Floor Coverings market in 2014, but the market to is expected to remain virtually flat during 2014-2019

- Saudi Arabia will continue to grow at a faster pace during 2014-2019 at a CAG

Table des matières

Global Summary

Global* furniture and floor coverings market to mark US$692.7 billion retail sales in 2019

China is set become the world's largest furniture and floor coverings market by 2019

Furniture sub-category sales contribute major share in global furniture and floor coverings sales.

Across the globe, retailers are taking initiatives to increase their online presence, while online retailers are adopting innovative methods to cater tangibility issue

Snippets of retail trends in Middle East and Africa

Saudi Arabia to remain the most attractive market driven by positive economic growth and decreasing housing deficit

Furniture category products accounts for largest share in the region

Saudi Arabia is the fastest growing market for the furniture and coverings sales in the region

Middle East and Africa: Furniture and Floor Coverings Retail Market

Middle East and Africa furniture and floor coverings markets by value 2014 and 2019 (US$ bn)

Middle East and Africa furniture and floor coverings share of total retail sales, 2009 (%) and 2019 (%)

Middle East and Africa furniture and floor coverings markets by growth, 2014-2019 (CAGR %)

Furniture and floor coverings total retail sales breakdown, 2009, 2014 and 2019 (%)

Top five markets by each product category

Sub-category level sales for individual markets

Top three largest and fastest growing channels in fastest growing markets

Share and growth of channels and top five countries in each channel

Major furniture and floor coverings retail trends and major retailers operating in Middle East and Africa region

Description de l'éditeur

About Conlumino

Conlumino publishes a select range of analytical research covering a number of different sectors and issues. All of our published analysis provides an in-depth, expert understanding of markets, retailers, consumers and key issues. Moreover, it is always action focused so as well as helping you to understand what’s going on, it helps you to make better business decisions.

We work with many of the world’s leading retailers, property firms and those in the financial sector to help them maximize success through developing a thorough understanding of the sector and its likely future performance.

 

Contact:  Partner Supportpartnersupport@globaldata.com

                 Sunil Sethia ssethia@globaldata.com