Bedroom Furniture - Oman

Oman

In 2024, the revenue generated in the Bedroom Furniture market in Oman amounts to US$150m.
It is projected that the market will experience an annual growth rate of 2.62% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, reaching US$46,500m in 2024.
In terms of per capita revenue, each person in Oman generates US$31.81 in 2024.
The demand for locally-made, handcrafted bedroom furniture is on the rise in Oman, reflecting a growing appreciation for traditional Omani craftsmanship.

Key regions: Denmark, Germany, China, United States, Worldwide

Definition:

The Bedroom Furniture segment refers to those movable objects that are designed to be used in a bedroom, which is typically a space used for sleeping, dressing, and storage. It includes items such as beds, dressers, nightstands, and wardrobes, which are intended to make the room comfortable, functional, and aesthetically pleasing.

Structure:

The Bedroom Furniture segment is divided into four subsegments:

The Beds subsegment refers to furniture designed primarily for sleeping, which typically consist of a frame and mattress. This subsegment focuses on the frame and covers additional elements such as headboards, footboards, or storage drawers.
The Mattress subsegment refers to the long rectangular pad that is placed on top of a bed frame and is used to provide a comfortable sleeping surface. Mattresses come in a wide variety of sizes, from twin to king, and levels of firmness to suit individual preferences.
The Closets, Nightstands, & Dressers subsegment includes a range of storage furniture designed for bedrooms. These pieces are used to store and organize clothing, linens, and personal items, providing both functional and aesthetic value to the space.
The Bedding subsegment refers to products designed to enhance the comfort and functionality of a bed, including sheets, blankets, comforters, pillows, and mattress toppers. These products are available in a range of materials, styles, and sizes to suit individual preferences and needs.

Additional Information:

The Bedroom Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.

Market

Region

Region comparison

Currency

Analyst Opinion

The Bedroom Furniture market in Oman is experiencing steady growth due to increasing customer preferences for stylish and functional bedroom furniture.

Customer preferences: Customers in Oman are increasingly seeking bedroom furniture that combines style and functionality. They are looking for furniture pieces that not only enhance the aesthetics of their bedrooms but also provide practical storage solutions. Additionally, there is a growing demand for eco-friendly and sustainable bedroom furniture options as customers become more conscious of the environmental impact of their purchases.

Trends in the market: One of the key trends in the Bedroom Furniture market in Oman is the rising popularity of minimalist designs. Customers are opting for sleek and simple furniture pieces that create a clean and clutter-free look in their bedrooms. This trend is driven by the desire for a calm and peaceful environment that promotes relaxation and good sleep. Another trend in the market is the increasing use of smart technology in bedroom furniture. Customers are looking for furniture pieces that are equipped with features such as built-in charging ports, LED lights, and adjustable settings. This trend is driven by the growing reliance on technology in everyday life and the desire for convenience and connectivity.

Local special circumstances: Oman has a rapidly growing tourism industry, with an increasing number of tourists visiting the country each year. This has led to a rise in demand for high-quality and luxurious bedroom furniture in hotels and resorts. Furniture manufacturers in Oman are capitalizing on this opportunity by offering customized furniture solutions to meet the unique needs and preferences of the hospitality industry.

Underlying macroeconomic factors: The Bedroom Furniture market in Oman is also influenced by macroeconomic factors such as population growth, urbanization, and disposable income levels. As the population grows and more people move to urban areas, the demand for bedroom furniture increases. Additionally, rising disposable income levels enable customers to invest in higher-quality and more expensive furniture options. In conclusion, the Bedroom Furniture market in Oman is driven by customer preferences for stylish and functional furniture, with a focus on minimalist designs and smart technology. The local special circumstances, such as the growing tourism industry, also contribute to the market's growth. Furthermore, macroeconomic factors such as population growth and rising disposable income levels play a significant role in shaping the market trends and development.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.