Furniture and Floor Coverings Retailing in Middle East and Africa, 2014-2019 - New Market Report

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 CAGR of 9.1%, and will surpass South Africa by achieving sales of nearly US$5 billion
* Online is the fastest growing channel for Furniture and Floor Coverings, while home improvement and gardening supplies retailers hold 75% market share in the region

Full Report Details at
- http://www.fastmr.com/prod/1071884_furniture_floor_coverings.aspx?afid=301

Synopsis
The "Furniture and Floor Coverings Retailing in Middle East and Africa, 2014-2019" report, published by Conlumino, provides analysis of current and forecast market data for retail sales in different channels in the Furniture and Floor Coverings category across the Middle East and Africa.

What else does this report offer?

* Current market sizes and forecasts for 2019 by country with an assortment of charts that ranks countries based on market size, growth rate, value growth and channel sales
* Market insights based on consumer trends, and changing economic and demographic factors on regional and country basis
* Retail sales and fastest-growing markets for the category group and further breakdown for individual sub-categories: Furniture as well as Floor coverings
* Qualitative and quantitative insights of changing Furniture and Floor Coverings' retail dynamics across various channels Retail sales, market share, and growth rate of channels included: home furniture and homewares retailers, hypermarkets, supermarkets and hard-discounters, department stores, online, home improvement and gardening supplies retailers, value, variety stores and general merchandise retailers, and cash and carries and warehouse clubs

Reasons to Get this Report

* Get accurate and reliable retail sales data of the five largest Furniture and Floor Coverings markets in Middle East and Africa: South Africa, Saudi Arabia, Egypt, Israel and the UAE for 2014 and forecast for 2019 to identify the largest and fastest-growing market and to discover profitable markets for expansion/entry

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