Growing Infrastructure Development Boosting the Market


Posted April 4, 2017 by rncos_press

The Saudi Arabia Furniture industry is anticipated to grow owing to development in infrastructural projects, says RNCOS in its latest report.

 
Saudi Arabian furniture market has been experiencing a significant growth due to increasing demand arising from the construction and infrastructure sector. The kingdom has been witnessing phenomenal growth in terms of expansion and development program in the country and has initiated large-scale developments in its infrastructural, economical, industrial and educational projects to refurbish the facilities and services provided to the kingdom’s residents.

According to our latest research report, “Saudi Arabia Furniture Market Outlook 2022”, the booming construction activities, strong international trade links, stable political environment and diversified economic structure are the factors propelling investment resulting in significant furniture demand making Saudi Arabia one of the favourite destinations for furniture manufacturers.

Government initiatives such as Saudi Industrial Development Fund followed by construction activities have further been strengthening the demand for furniture in the country. Recently, building of a medical city for rehabilitation and treatment in Riyadh has been announced, boosting the demand of the furniture industry.

The Saudi Arabian furniture market is one of the fastest growing and dynamic sectors in the region, mainly due to infrastructure development and the increase in real estate market in the country. The strong interest of the Saudi consumer for premium furniture products makes the country one of the most attractive markets for foreign players, setting an upsurge in demand for furniture in Saudi Arabia.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM854.htm

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
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Categories Retail
Tags arabia furniture market forecast , arabia furniture market , saudi arabia furniture market analysis , saudi arabia furniture market forecast , saudi arabia furniture market
Last Updated April 4, 2017