With the emergence of many global brands and increasing real estate demand, housing furniture demand in Saudi Arabia will surge at a CAGR of 9.2% during 2011-2013, says RNCOS.
(prHWY.com) July 8, 2011 - NOIDA, India -- According to our research report "Saudi Arabia Housing Sector Outlook", Saudi Arabian housing sector has been witnessing revolutionary changes on the back of emergence of global furniture brands. Today, quality has become the special focus area, which was once used to be the challenge for local manufacturers. Moreover, we expect that, the household furniture market will undergo a phenomenal development phase. It is expected that, the demand for housing furniture will surge at a CAGR of 9.2% during 2011-2013, on the back of various key factors discussed in our report.
Ongoing analysis found that, the simple lines and clarity in designer furniture products are in great demand in the country. Dark red and black colors are the key furniture tones favored the most. Additionally, more flexible, functional, and smaller furniture, which incorporates more than one function, is receiving acceptance in the Saudi market. Besides, local manufacturers are taking other alternatives of wood in the view to reduce the environmental effects.
Further, the research covers detail analysis and forecast of real estate segments, such as housing demand, cement, and steel consumption. Additionally, the analysis provides information on market outlook by various provinces, types, and construction material.
Besides, the report analyzes factors critical to the success of the Saudi Arabian housing industry. It has also identified key players in the market and includes their detail business description along with their recent activities. Additionally, the report sheds light on the emerging industry trends, which are expected to decide the future of the Kingdom's housing sector.
Our report "Saudi Arabia Housing Sector Outlook" is an outcome of extensive research and thorough analysis of the growing housing industry in Saudi Arabia. The report includes forecasts for key real estate segments, such as real estate finance, housing demand to present a better understanding of the Saudi Arabian housing industry. It has also identified key players in the market and included their detail business description and their recent activities. Most importantly, the report also provides future forecast on the industry based on correlation of past drivers, challenges, and opportunities for expansion.
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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